Question
1.The debit total of a trial balance exceeds the credit total by 600. In investigating the cause of the difference, the following errors were determined:
1.The debit total of a trial balance exceeds the credit total by 600. In investigating the cause of the difference, the following errors were determined:
a)A debit to accounts receivable of 2,100 was not posted;
b)A 10,500 credit to be made to the Purchases account was credited to Accounts payable instead;
c)A 26,000 credit to be made to the Sales account was credited to the Accounts receivable account instead;
d)The prepaid rent account balance of 15,800 was included in the trial balance as 18,500.
can you teach me what to do in this type of question? and everything I should know regarding this?
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