Ask Question
7 October, 06:06

The credit purchase of a new oven for $5,900 was posted to Kitchen Equipment as a $5,900 debit and to Accounts Payable as a $5,900 debit. What effect would this error have on the trial balance?

+1
Answers (1)
  1. 7 October, 07:22
    0
    Answer: $10,800

    Step-by-step explanation:

    In trial balance, the debit column will exceed the credit column by $10800.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The credit purchase of a new oven for $5,900 was posted to Kitchen Equipment as a $5,900 debit and to Accounts Payable as a $5,900 debit. ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers