Which of the following recording errors will be revealed by the unadjusted trial balance?
A) incorrectly posting a debit for Supplies Expense to Salaries Expense
B) inadvertently omitting from posting an entry recording the purchase of small tools on account
C) posting a journal entry to record rent expense and the credit to cash twice
D) posting a $50,000 entry to Accounts Receivable as $5,000 while correctly recording the corresponding revenue correctly
Correct Answer:
Verified
Q65: Adjusting journal entries are made to ensure
Q66: Which of the following errors will not
Q67: If a company initially records a prepaid
Q68: Balance sheet accounts are the first accounts
Q69: Every adjusting journal entry will affect one
Q71: Deferrals occur when a company receives or
Q72: Accruals occur when a company receives or
Q73: Amazing Grapes wine store paid utilities and
Q74: An entry to record depreciation in the
Q75: If a journal entry has not been
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents