At year-end, a trial balance showed total credits exceeding total debits by $4,950. This difference could have been caused by: Multiple Choice An error in the general journal where a $4.950 increase in Accounts Receivable was recorded as an increase in Cash. A net income of $4,950. The balance of $49,500 in Accounts Payable being entered in the trial balance as $4,950 The balance of $5,500 in the Office Equipment account being entered on the trial balonce as a debit of $550 An error in the general journal where a $4,950 increase in Accounts Payable was recorded as a decrease in Accounts Payable Identify the statement below that is incorrect Multiple Choice eBook O The normal balance of accounts receivable is a debit. ao O The normal balance of dividends is a debit References O The normal balance of unearned revenues is a credit O The normal balance of an expense account is a credit O O The normal balance of the common stock account is a credit