Question

For each of the cases, state whether the error would cause (A) unequal totals in the trial balance or (B) not.

1) A 5,400 payment for a new typewriter was recorded by a debit to Office Equipment of 540 and a credit to Cash of 540.

2) A payment of 4,000 to a creditor as recorded by a debit to Accounts Payable of 4,000 and a credit to Cash of 400.

3) An accounts receivable in the amount of 8,000 was collected in full. The collection was recorded by a debit to Cash for 8,000 and debit to Accounts Payable for 8,000.

4) An accounts payable was paid by issuing a check for 3,500. The payment was recorded by debiting Accounts Payable 3,500 and crediting Accounts receivable 3,500.

Answer 1

Answer:

Explanation:

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