A trial balance will not balance if: a. a correct journal entry is posted twice. b. the
Question:
A trial balance will not balance if:
a. a correct journal entry is posted twice.
b. the purchase of supplies on account is debited to Supplies and credited to Cash.
c. a $100 cash dividend by the corporation is debited to Dividends for $1,000 and credited to ("ash 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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Related Book For
Financial Accounting Text Only
ISBN: 9780006575405
5th Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
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