Which of the following errors would a trial balance help the accounting staff to find?
A)A sale for $8,300 occurred,and instead of debiting Cash for $8,300,Accounts Receivable was debited for $8,300.
B)A sale for $8,300 occurred,and instead of debiting Cash for $8,300,Accounts Payable was debited for $8,300.
C)A sale for $8,300 occurred,and instead of debiting Cash and crediting Sales for $8,300,Cash was credited and Sales was debited for $8,300.
D)A sale for $8,300 occurred,and instead of debiting Cash and crediting Sales for $8,300,Cash was debited for $700,and Sales was credited for $8,300.
E)A sale for $8,300 occurred and instead of debiting Cash for $8,300 and crediting Sales for $8,300,Cash was debited for $7,000 and Sales was credited for $7,000.

Question

Quizplus · Accepted Answer

A trial balance checks for the equality of debits and credits after posting entries. It would help find errors in the total amounts debited and credited, such as in option D, where Cash is debited for $700 instead of $8,300, leading to an imbalance. Options A, B, C, and E involve incorrect accounts or amounts but would not be detected by a trial balance since the total debits equal total credits.

Which of the Following Errors Would a Trial Balance Help