For each of the following errors, considered individually, indicate whether the

ID: 2337135 • Letter: F

Question

For each of the following errors, considered individually, indicate whether the error would cause the trial balance totals to be unequal. If the error would cause the trial balance total to be unequal, indicate whether the debit or credit total is higher and by how much. A. Payment of a cash withdrawal of $7,400 was journalized and posted as a debit of $7,400 to Salaries Expense and a credit of $7,400 to Cash. B. A fee of $9,760 earned was debited to Accounts Receivable for $7,960 and credited to Fees Earned for $9,760. C. A payment of $2,400 to a creditor was posted as a credit of $2,400 to Accounts Payable and a credit of $2,400 to Cash.

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Identify :

A. Payment of a cash withdrawal of $7,400 was journalized and posted as a debit of $7,400 to Salaries Expense and a credit of $7,400 to Cash. Trial balance would be equal B. A fee of $9,760 earned was debited to Accounts Receivable for $7,960 and credited to Fees Earned for $9,760. Trial balance would be unequal and total cost is higher in credit by $1800 C. A payment of $2,400 to a creditor was posted as a credit of $2,400 to Accounts Payable and a credit of $2,400 to Cash. Trial balance would be unequal and total cost is higher in credit by $2400

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For each of the following errors, considered individually, indicate whether the

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For each of the following errors, considered individually, indicate whether the

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