Identify the item below that would cause the trial balance to not balance?
A) The cash payment of a $750 account payable was posted as a debit to Accounts Payable and a debit to Cash for $750.
B) A $50 cash receipt for the performance of a service was not recorded at all.
C) A $1,000 collection of an account receivable was erroneously posted as a debit to Accounts Receivable and a credit to Cash.
D) The purchase of office supplies on account for $3,250 was erroneously recorded in the journal as $2,350 debit to Office Supplies Normal 0 false false false EN-IN X-NONE X-NONE and $2,350 credit to Accounts Payable.
E) The purchase of office equipment for $1,200 was posted as a debit to Office Supplies and a credit to Cash for $1,200.
Correct Answer:
Verified
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Q161: Identify the statement below that is true.
A)
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