The accountant for Bower Construction Company mistakenly recorded a ($ 500) purchase of supplies on account as

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The accountant for Bower Construction Company mistakenly recorded a $\$ 500$ purchase of supplies on account as a $\$ 5,000$ purchase. He debited Supplies and credited Accounts Payable for $\$ 5,000$. Does this error cause the trial balance to be out of balance? Explain your answer.

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