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! Required information Exercise 2-21 Analyzing a trial balance error LO A1, P2 [The following information applies to the questions displayed below.] You are told
! Required information Exercise 2-21 Analyzing a trial balance error LO A1, P2 [The following information applies to the questions displayed below.] You 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 an automobile for $8,550 is posted from the journal to the ledger with an $8,550 debit to Automobiles and another $8,550 debit to Accounts Payable. The Automobiles account has a debit balance of $20,264 on the trial balance. Answer each of the following questions and compute the dollar amount of any misstatement. Exercise 2-21 Part e e. If the debit column total of the trial balance is $179,550 before correcting the error, what is the total of the credit column before correction? Total of the credit column
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