Book 1 - Chapter 26

Multiple Choice

Choices (a), (b), and (c) all keep total debits equal to credits, so a trial balance would stay in balance.

This is the only choice in this question that would cause the trial balance to not balance.

Tricky question. The trial balance would remain in balance, but it would not be "completely unaffected" because one account would be overstated and another would be understated.

Total debits are understated by $450, because Cash was debited for $50 instead of $500.

Use T accounts to visualize this:

Cash
50

Some other account
	500

Use T accounts to visualize:
(Total credits are understated by $225.).

Supplies Expense
250

Supplies
	25

Learning Goal 26

SOLUTIONS

Learning Goal 26: The Trial Balance—Prepare It and Use It Two Ways

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