The trial balance prepared by your company at the end of the month did not balance. In reviewing

the entries for the month, the accountant noticed that one of the transactions was recorded as a debit

to Office Equipment of $900 and a debit to Accounts Payable of $900.The purchase was made on

credit. Answer the following questions and explain your answer for each.

A. Was the Accounts Payable account overstated, understated, or correctly stated on the trial

balance? If overstated or understated, show by how much.

B. Was the total of the debit column of the trial balance overstated, understated, or correctly stated?

If overstated or understated, show by how much.

C. Was the Office Equipment account overstated, understated, or correctly stated? If overstated

or understated, show by how much.

D. Was the credit column total of the trial balance overstated, understated, or correctly stated? If

overstated or understated, show by how much.