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P3-4C.Seleste Ayala,an accountancy lab tutor,is having a debate with some of her assistants.Theya re trying to find out how each of the following unrelated situations
P3-4C.Seleste Ayala,an accountancy lab tutor,is having a debate with some of her assistants.Theya re trying to find out how each of the following unrelated situations would affect the trial balance.
Questions, Classroom Demons... Indicate to Seleste the effect that each situation will have on the trial balance. If a situation will have no effect, indicate that fact. Put in writing how each of these situations could be avoided in the future. Errors in recording transactions and their relationship to the trial balance (20min) 1.$5 debit to cash in the ledger was not posted.
2. $10 debit to computer supplies was debited to computer equipment.
3.an $8 debit to wages expense was debited twice tot he account.
4A $4 debit to computer supplies was debited to computer sales.
5.$35 credit to accounts payable was posted as a $53 credit.
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