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50. In your trial balance, total debits are $264,000 and total credits are $259,500. You have determined that the error may be a transposition and
50. In your trial balance, total debits are $264,000 and total credits are $259,500. You have determined that the error may be a transposition and that you may find the error by investigating accounts with balances for which the difference between the first two digits is 5. Which of the follow- ing account balances could be the problem? a. Accounts Receivable, with an indicated balance of $1,600 b. Accounts Payable, with an indicated balance of $1,600 c. Land, with an indicated balance of $4,900 d. both a and c
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