After posting is completed, there may be an error if
A) The sum of the customer account balances does not equal the total in the sales journal
B) The sum of the accounts receivable ledger does not equal the balance in the sales account
C) The sum of the customer account balances does not equal the accounts receivable controlling account balance
D) The balance in the sales journal does not equal the accounts receivable controlling 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 customer account balances should match the accounts receivable controlling account balance, indicating that all customer accounts have been properly recorded and the accounts receivable balance is accurate. If there is a discrepancy between these two amounts, it could indicate an error in the accounts receivable ledger or sales journal.

After Posting Is Completed, There May Be an Error If