A company accidentally records the rent payment twice in October. The effect on the trial balance will be:
A)debits will be more than credits.
B)credits will be more than debits.
C)debits will still be equal to credits.
D)not enough information provided.

Question

Quizplus · Accepted Answer

The trial balance will still balance because both the debit and credit sides of the rent payment entry are recorded twice, maintaining the equality of debits and credits.

A Company Accidentally Records the Rent Payment Twice in October