After posting is completed, there may be an error if: The sum of the supplier ac

ID: 2596792 • Letter: A

Question

After posting is completed, there may be an error if:

The sum of the supplier account balances does not equal the total in the purchases journal.

The sum of the accounts receivable ledger does not equal the balance in the Sales account.

The sum of the supplier account balances does not equal the general ledger Accounts Payable controlling account balance.

The balance in the sales journal does not equal the Accounts Receivable account balance.

The sum of the accounts receivable ledger does not equal the balance in the sales journal.

The sum of the supplier account balances does not equal the total in the purchases journal.

The sum of the accounts receivable ledger does not equal the balance in the Sales account.

The sum of the supplier account balances does not equal the general ledger Accounts Payable controlling account balance.

The balance in the sales journal does not equal the Accounts Receivable account balance.

The sum of the accounts receivable ledger does not equal the balance in the sales journal.

Explanation / Answer

After posting is completed, there may be an error if the sum of supplier account balances does not equal the general ledger Accounts Payable controlling account balance. Option C is correct

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After posting is completed, there may be an error if: The sum of the supplier ac

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