D. Equipment c. Depreciation expense d. Equipment expense e. Accumulated depreclation - Equipment - GPT ANSWER 28. Which error will be uncovered by the preparation of a trial balance a. The bookkeeper recordecl the same journal entry three times b. The bookkeeper recorded both the debit and credit of a journal entry as $200 instead $700 - GPT ANSWER c. The bookkeeper reconded the payment of salaries as a debit to Supplies Expense rather than Salary Expense d. The bookkeeper recorded a journal entry with a debit of $400 and a credit of $40 e. The bookkeeper forgot to record a journat entry for a large amount" 29. In the beginning of the year Drew Company's balance sheet showed current assets of $70,000 and current llabilities of $46,000. During the current year. Drew issued comrnon stock for $9,800 cash and purchased $5,600 of supplies on account. After these transaction were the current ratio was: a. 1.39 b. Bo, Consider the following transactions: Paid 50,000 cash for equipment - GPT ANSWER Borrowed cash on a note payable for 100,000 Provided services on account 25,000 Recelved cash from a customer as payment on account, 5,000 After considering all the increases and decreases, total assets increased by: a. 125,000 b. 150,000 c. 155,000 6. 80,000 e. 130,000