Journalizing a transaction with both the debit and the credit for $69 instead of $96 will cause the trial balance to be out of balance.

Name: Journalizing a transaction with both the debit and the credit for $69 instead of $96 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 affects both sides of the equation equally, maintaining the overall balance despite the incorrect amounts.

Journalizing a Transaction with Both the Debit and the Credit