After posting is completed,there may be an error if:
A)The sum of the supplier account balances does not equal the total in the purchases journal.
B)The sum of the accounts receivable ledger does not equal the balance in the Sales account.
C)The sum of the supplier account balances does not equal the general ledger Accounts Payable controlling account balance.
D)The balance in the sales journal does not equal the Accounts Receivable account balance.
E)The sum of the accounts receivable ledger does not equal the balance in the sales journal.

Question

Quizplus · Accepted Answer

The sum of the supplier account balances should equal the general ledger Accounts Payable controlling account balance. If there is an error with this, it means that there may be missing or incorrect entries in the accounts payable ledger.

After Posting Is Completed,there May Be an Error If