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A trial balance will not balance if Question 4 options: A) a correcting journal entry is posted twice. B) a $300 payment on accounts payable
A trial balance will not balance if Question 4 options: A) a correcting journal entry is posted twice. B) a $300 payment on accounts payable is debited to accounts payable for $30 and credited to cash for $30. C) a $50 cash dividend is debited to dividends for $500 and credited to cash for $50. D) a transaction is not posted at all
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Interpreting And Analyzing Financial Statements
Authors: Karen P Schoenebeck, Mark P Holtzman
5th Edition
0136121985, 9780136121985
