Which error would cause the trial balance to be out of balance? A. An entry is posted twice. B. An entry isn’t posted at all. C. A debit is entered as $200, and a credit is entered at $2,000. D. None of the above
Is there a graph that goes with it? :)
nope...
its just in general..
I think it's A because it would mess with the data
A.
Well trial balance is a bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns. A company prepares a trial balance periodically, usually at the end of every reporting period. The general purpose of producing a trial balance is to ensure the entries in a company's bookkeeping system are mathematically correct. I assume we are talking about the same trial and balance?
Wrong Columns A trial balance is a form of double-entry accounting, which means the accountant enters each transaction twice -- once as a debit and once as a corresponding credit. Listing the item twice in the same column, instead once each in the credit and debit columns, will result in an unequal trial balance. This type of problem may be difficult to correct if either the debit or credit is divided into multiple entries. In other cases, identifying the double entry and moving one to the correct column solves the problem. Wrong Amounts Entering the wrong amount for one, but not both, entries in a trial balance will cause the trial balance to be unequal. This can result from an incorrect entry or an arithmetic mistake. For example, a $5,000 cash payment that goes to one supplier but pays for two different products may be listed correctly as a $5,000 debit but also as a $3,000 credit to the seller and a $2,500 credit to the seller, for an incorrect credit total of $5,500 and a $500 imbalance. http://smallbusiness.chron.com/causes-trial-balance-unequal-35498.html
I am not sure if that helps at all?
Thanks so much =]
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