Journalizing a transaction with both the debit and the credit for $87 instead of the correct amount of $78 will cause the trial balance to be out of balance.

Name: Journalizing a transaction with both the debit and the credit for $87 instead of the correct amount of $78 will cause the trial balance to be out of balance.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The trial balance will still balance because the error is equal on both the debit and credit sides, maintaining the overall balance.

Journalizing a Transaction with Both the Debit and the Credit