1. the company records this items; entry

$2000 cash collected from earnings recorded in the prior period.

2.My question: Why is not A $50 credit journal entry to accounts payable was posted as a $50 credit?

7) Which would cause the Debit total of a trial balance to be $50 greater than the Credit total? a A $50 credit account was listed as a debit account. b) c) d) A $50 debit account was not listed A $25 credit journal entry to Accounts Payable was posted as a $25 debit. A $25 debit journal entry to Accounts Receivable was posted as a credit