A trial balance has debit balances totalling $147 000 and credit balances of $149 000. Despite further
Question:
A trial balance has debit balances totalling $147 000 and credit balances of $149 000. Despite further checks, you are unable to find the error(s). Which account would you open and which posting would you make before proceeding further?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
Dr 20...View the full answer
Answered By
Robert Mbae
I have been a professional custom essay writer for the last three years. Over that period of time, I have come to learn the value of focusing on the needs of the clients above everything else. With this knowledge, I have worked hard to become an acclaimed writer that can be trusted by the customers to handle the most important custom essays. I have the necessary educational background to handle projects up to the Ph.D. level. Among the types of projects that I've done, I can handle everything within Dissertations, Project Proposals, Research Papers, Term Papers, Essays, Annotated Bibliographies, and Literature Reviews, among others.
Concerning academic integrity, I assure you that you will receive my full and undivided attention through to the completion of every essay writing task. Additionally, I am able and willing to produce 100% custom writings with a guarantee of 0% plagiarism. With my substantial experience, I am conversant with all citation styles ranging from APA, MLA, Harvard, Chicago-Turabian, and their corresponding formatting. With all this in mind, I take it as my obligation to read and understand your instructions, which reflect on the quality of work that I deliver. In my paper writing services, I give value to every single essay order. Besides, whenever I agree to do your order, it means that I have read and reread your instructions and ensured that I have understood and interpreted them accordingly.
Communication is an essential part of a healthy working relationship. Therefore, I ensure that I provide the client with drafts way long before the deadline so that the customer can review the paper and comment. Upon completion of the paper writing service, the client has the time and right to review it and request any adjustments before releasing the payment.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Cambridge International As And A Level Accounting Revision Guide
ISBN: 9781444192001
1st Edition
Authors: Ian Harrison, Michael Hillman
Question Posted:
Students also viewed these Business questions
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
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...
-
Logan has prepared the following trial balance at 31 March 2004. Logan is unable to find the difference on the trial balance and has entered the difference in the Suspense Account. The following...
-
The current quoted price of a 13% coupon bond is $110. It pays coupon semi-annually. The next coupon will be paid in 6-days (total number of days in this semi-annual period is 181) and the futures...
-
The president of The Pembrook Company has recently become concerned that the bookkeeper has embezzled cash from the company. He asks you, confidentially, to look over the bank reconciliation that the...
-
The following data pertain to the Miami Manufacturing Company for the year ended December 31, 2004. Required: a. What is the cost of direct material used during 2004? b. What is the cost of direct...
-
Search on the Internet for discussions that distinguish an interview from an interrogation.
-
(Pension Expense, Journal Entries, Statement Presentation) Ferrari Company received the following selected information from its pension plan trustee concerning the operation of the company's defined...
-
5. Carrie Ann is? single, age? 35, and wants to make a contribution to an IRA for the year ended December? 31, 2020. She is an active participant in a qualified retirement plan sponsored by her ...
-
Identify the type of error involved in each of the following cases. (a) Returns outwards have been credited to the purchases account. (b) Purchase of a stapling machine costing $5.68 has been ignored...
-
Explain the difference between an error of commission and an error of principle.
-
With reference to Problems 29 and 30, layout a reasonable bolting plan using a dead weight approach and point anchored mechanical bolts assuming entries and crosscuts are mined 20 ft (6.1 m) wide....
-
Do you agree with the statement "Conflict is an opportunity to turn a new leaf"? Why or Why not?
-
:34 Refer to the figures below to answer this question: Too little Too much pollution pollution reduction reduction MC' MC SMB Pollution reduction
-
In 1916, Great Britain and the United States agreed that certain species of birds were tremendously valuable to the environment but were at risk of becoming extinct. If you are curious why Great...
-
Consider a representative firm with total cost of TC=16+Q^2 (and a marginal cost of of 2Q, MC=2Q). The market demand curve is given by P=18-(1/2)Q and the starting market price is $12. 1) Graph the...
-
How does supercritical fluid extraction differ from traditional solvent-based extraction in terms of selectivity, efficiency, and environmental impact? Discuss the underlying thermodynamics of...
-
Compute the Eurodollar futures rates for a contract maturing at time 2 and compare them to the forward rate agreement rate for a contract maturing at time 3.
-
The domain of the variable in the expression x 3/x + 4 is________.
-
Explain why depreciation is not included in a cash budget.
-
Identify one reason why a cash budget might be prepared.
-
Depreciation is only included in a cash budget in the final month. True/False?
-
true or false?When monitoring a budget you only need to keep records on expenditures
-
Explain the purpose of the cancer hospital adjustment provision.High-cost outliers apply only to the cost of an entire claim (bill sent to an insurance company/Medicare/Medicaid, etc.) for payment....
-
The type of third-party reimbursement where the provider is paid a fixed amount per covered life per period, regardless of the amount of services provided is known as Group of answer choices...
Study smarter with the SolutionInn App