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ou are told the column totals in a trial balance are not equal. After careful analysis, you discover only one error. Specifically, a correctly journalized

ou are told the column totals in a trial balance are not equal. After careful analysis, you discover only one error. Specifically, a correctly journalized credit purchase of a computer for $16,450 is posted from the journal to the ledger with a $16,450 debit to Office Equipment and another $16,450 debit to Accounts Payable. The Office Equipment account has a debit balance of $38,986 on the trial balance. Answer each of the following questions and compute the dollar amount of any misstatement.

Part (a through d):
For each of the following statements:

1. Select the appropriate choice from the 'Account Status' column
2.

In cases where the amount is understated or overstated, use the 'Amount' column to fill in the amount by which the account or trial balance total is understated or overstated.

(Enter the amounts understated with a minus sign.)

ou are told the column totals in a trial balance are not equal. After careful analysis, you discover only one error. Specifically, a correctly journalized credit purchase of a computer for $16,450 is posted from the journal to the ledger with a $16,450 debit to Office Equipment and another $16,450 debit to Accounts Payable. The Office Equipment account has a debit balance of $38,986 on the trial balance. Answer each of the following questions and compute the dollar amount of any misstatement.

Part (a through d):
For each of the following statements:

1. Select the appropriate choice from the 'Account Status' column
2.

In cases where the amount is understated or overstated, use the 'Amount' column to fill in the amount by which the account or trial balance total is understated or overstated.

(Enter the amounts understated with a minus sign.)

Statements Account Status Amount
a. The debit column total of the trial balance Overstated $16,450
b. The credit column total of the trial balance Understated $(16,450)
c. The balance of the office equipment account in the trial balance Correctly stated $0
d. The balance of the accounts payable account in the trial balance Understated ???

NOTE: I need help with question letter D: The balance of the accounts payable account in the trial balance. What is the number that goes in there?

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