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please anwser 2 3 4. Study the error situations listed below and indicate whether they would or would not cause the trial balance to be
please anwser
2 3 4. Study the error situations listed below and indicate whether they would or would not cause the trial balance to be out of balance. If you decide that the trial balance would be out of balance, state by how much. (6 Thinking marks) A. B. C. Trial Balance Trial Balance will will be out of balance (show balance by amount Error Situation with a "X") shown below A payment for equipment was recorded as a debit of $395 to Equipment and a credit of $359 to Bank Cash received from a customer was recorded as a debit of $180 to Bank and a credit of $180 to Accounts Payable. A credit of $300 to the Capital account was recorded twice An account balance of $140 was transferred to the wrong side of the trial balance A payment of $495 to a creditor was recorded as a debit to Accounts Payable of $495 and a credit to Bank of $49. An amount of $50 was debited to Supplies but it should have been debited to Equipment . D. 10 E 41 F. 22 Step by Step Solution
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