A company that records credit purchases in a purchases journal and records purchases returns in a general journal made the following errors. Enter A, B, or C indicating when each error should be discovered.
A. When preparing the schedule of accounts payable.
B. When cross footing the purchases journal.
C. When preparing the trial balance.
1. Made an addition error in totaling the Office Supplies column of the purchases journal.
2. Made an addition error in determining the balance of a creditor’s subsidiary account.
3. Posted a purchases return to the Accounts Payable account and to the creditor’s subsidiary account but did not post the purchases return to the Inventory account.
4. Correctly recorded an $8,000 purchase in the purchases journal but posted it to the creditor’s subsidiary account as an $800 purchase.
5. Posted a purchases return to the Inventory account and to the Accounts Payable account but did not post to the creditor’s subsidiary account.