Question
The credit purchase of a new oven for $6,000 was posted to Kitchen Equipment as a $6,000 debit and to Accounts Payable as a $6,000
The credit purchase of a new oven for $6,000 was posted to Kitchen Equipment as a $6,000 debit and to Accounts Payable as a $6,000 debit. What effect would this error have on the trial balance? |
A. The total of the Debit column of the trial balance will exceed the total of the Credit column by $6,000.
B. The total of the Credit column of the trial balance will exceed the total of the Debit column by $6,000.
C. The total of the Debit column of the trial balance will exceed the total of the Credit column by $12,000.
D. The total of the Credit column of the trial balance will exceed the total of the Debit column by $12,000.
E. The total of the Debit column of the trial balance will equal the total of the Credit column.
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