Question

An account with a $400 credit balance is incorrectly placed on the trial balance as a $400 debit a) How much will the difference be between the debit and credit columns of the trial balance? b) how is an error like this found?

Answer 1

Answer:

800

Explanation:

trial balance will not tally then divide the difference by 2

Answer 2

Answer:

800

Explanation:

the difference is 800.

you will notice the error when the total of  debit and credit sides of the trial balance are not the same.