You are on page 1of 1

A trial balance has total debits of 20 000 and total

A trial balance has total debits of $20,000 and total credits of $24,500. Which one of the
following errors would create this imbalance? Explain.a. A $2,250 credit to Consulting Fees
Earned in a journal entry is incorrectly posted to the ledger as a $2,250 debit, leaving the
Consulting Fees Earned account with a $6,300 credit balance.b. A $4,500 debit to Salaries
Expense in a journal entry is incorrectly posted to the ledger as a $4,500 credit, leaving the
Salaries Expense account with a $750 debit balance.c. A $2,250 debit to Rent Expense in a
journal entry is incorrectly posted to the ledger as a $2,250 credit, leaving the Rent Expense
account with a $3,000 debit balance.d. A $2,250 debit posting to Accounts Receivable was
posted mistakenly to Cash.e. A $4,500 debit posting to Equipment was posted mistakenly to
Supplies.f. An entry debiting Cash and crediting Notes Payable for $4,500 was mistakenly not
posted.View Solution:
A trial balance has total debits of 20 000 and total
SOLUTION-- http://expertanswer.online/downloads/a-trial-balance-has-total-debits-
of-20-000-and-total/

See Answer here expertanswer.online


Powered by TCPDF (www.tcpdf.org)

You might also like