A trial balance will not balance if: (b) the purchase of supplies on account is debited to

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A trial balance will not balance if:

(b) the purchase of supplies on account is debited to Supplies and credited to Cash.

(c) a $\$ 100$ cash dividend is debited to Dividends for $\$ 1,000$ and credited to Cash for $\$ 100$.

(d) a $\$ 450$ payment on account is debited to Accounts Payable for $\$ 45$ and credited to Cash for $\$ 45$

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jun 12, 2024 10:14 AM

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A trial balance will not balance if: (b) the purchase of supplies on account is debited to

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Financial Accounting Tools For Business Decision Making

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