Question:A trial balance will not balance if: 

A a correct journal entry is posted twice. 

B the purchase of supplies on account is debited to supplies and credited to cash. 

C a $100 cash drawing by the owner is debited to owner's drawing for $1000 and credited to cash for $100

D a $450 payment on account is debited to accounts payable for $45 and credited to cash for $45

+ Answer
+ Report
Total Preview: 1354

Copyright © 2024. Powered by Intellect Software Ltd