Correction of Errors in the Trial Balance independently of the others: Some of the following errors would cause the debit and credit columns of the trial balance to have unequal totals. For each of the seven (7) paragraphs, write a statement explaining whether the error would cause unequal totals in the trial balance. Each paragraph is to be considered 1) A P45,000 payment for a new computer was recorded by a debit to Office Equipment of 7) Posting twice to Cash account debit of P5,000 was made to collections from a P4,500 and a credit to Cash of P4,500. ANS. 2) An Accounts Payable was paid by issuing a check for P27,000. The payment was recorded by debiting Accounts Payable P27,000 and crediting Accounts Receivable P27,000 ANS 3). A payment of P790 to a creditor was recorded by a debit to Accounts Payable of P790 and a credit to Cash of P79. ANS. 4) An Accounts Receivable in the amount of P625 was collected in full. The collection was recorded by a debit to Cash for P625 and a credit to Accounts Payable for P625. ANS. 5) An Advances to Employees account was erroneously debited to Drawing Account of P5,000 and credited to Cash, P5,000. ANS. 6) An equipment which was one of the investment by the owner was erroneously charged to Notes Payable instead of Capital account. The amount of debit was P60,000 while the amount of the credit was P600,000 customer's account. ANS. ANS