Multiple Choice
Which of the following errors would cause the trial balance totals to be unequal?
A) A transaction was not posted.
B) A payment of $67 for insurance was posted as a debit of $42 to Prepaid Insurance and a credit of $42 to Cash.
C) A payment of $1,311 to a creditor was posted as a debit of $3,111 to Accounts Payable and a debit of $311 to Accounts Receivable.
D) Cash received from customers on account was posted as a debit of $680 to Cash and a credit of $680 to Accounts Payable.
Correct Answer:
Verified
Correct Answer:
Verified
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