If a ($4,000) debit to Equipment in a journal entry is incorrectly posted to the ledger as

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If a $$4,000$ debit to Equipment in a journal entry is incorrectly posted to the ledger as a $$4,000$ credit, and the ledger account has a resulting debit balance of $$20,000,$ what is the effect of this error on the Trial Balance column totals?

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Fundamental Accounting Principles

ISBN: 9780072946604

17th Edition

Authors: Kermit D. Larson, John J Wild, Barbara Chiappetta

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Question Posted: May 29, 2024 04:04 AM

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If a ($4,000) debit to Equipment in a journal entry is incorrectly posted to the ledger as

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Fundamental Accounting Principles

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