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4 . When Victoria Printing prepared a trial balance on October 3 1 , it did not balance. As a result of checking through the
When Victoria Printing prepared a trial balance on October it did not balance. As a result of checking through the recording of transactions, an error was discovered;
$ received from a customer was recorded as a debit to Cash of $ and a credit to Accounts Receivable of $
The total of the credit side of the trial balance was $ Answer the following questions regarding the preceding trial balance information.
a Was the Accounts Receivable account too high, too low, or correct?
b Was the Cash account too high, too low, or correct?
c Was the trial balance credit total of $ too high, too low, or correct?
d What was the amount of the debit total on the unbalanced trial balance?
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