A trial balance will not balance if: (a) a correct journal entry is posted twice. (b) the

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A trial balance will not balance if:

(a) a correct journal entry is posted twice.

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

(c) a $100 cash dividend is debited to Divi- dends for $1,000 and credited to Cash for $100.

(d) a $450 payment on account is debited to Accounts Payable for $45 and cred- ited to Cash for $45.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471691952

3rd Edition

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

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Question Posted: Jul 24, 2024 10:05 AM

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A trial balance will not balance if: (a) a correct journal entry is posted twice. (b) the

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Financial Accounting Tools For Business Decision Making

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