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A trial balance has total debits of $32,000 and total credits of $42,500 Which one of the following errors would create this imbalance? Multiple Choice
A trial balance has total debits of $32,000 and total credits of $42,500 Which one of the following errors would create this imbalance? Multiple Choice A $5.250 debit to Utilities Expense in a journal entry was incorrectly posted to the ledger as a $5.250 credit, leaving the Utilities Expense account with a $6.000 debit balance A $10.500 debit to Salaries Expense in a journal entry was incorrectly posted to the ledger as a $10,500 credit, leaving the Salaries Expense account with a $1,950 debt balance A $5,250 credit to Consulting Fees Earned (Revenues) in a journal entry was incorrectly posted to the ledger as a $5,250 debit leaving the Consulting Fees Eamed account with a $12,300 credit balance
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