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Current Attempt in Progress The bookkeeper for Roger's dance studio made the following errors in journalizing and posting For each error, indicate whether the trial
Current Attempt in Progress
The bookkeeper for Roger's dance studio made the following errors in journalizing and posting
For each error, indicate whether the trial balance will balance; the amount of the difference if the trial balance will not balance; and the trial balance column that will have the larger total. Consider each error separately. Use the following form, in which error is given as an example.
tableError,In Balance,Difference,tableLargerColumnA credit to Supplies of $ was omitted.,No$DebittableAdebit posting of $ to Accounts Payable wasinadvertently debited to Accounts Receivable.tableA purchase of supplies on account of $ was debited toSupplies for $ and credited to Accounts Payable for$tableAcredit posting of $ to Interest Payable was postedtwicetableAdebit posting to Income Taxes Payable for $ and acredit posting to Cash for $ were made twice.tableA debit posting for $ of Dividends was inadvertentlyposted to Salaries and Wages Expense instead.tableA credit to Service Revenue for $ was inadvertentlyposted as a debit to Service RevenuetableA credit to Accounts Receivable of $ was credited toAccounts Payable.Attempts: of used,
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