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Title: A journal entry for a $50 payment for rent expense was posted as a debit to Salaries Expense and a ... Post by: H3Ko on Aug 28, 2016 A journal entry for a $50 payment for rent expense was posted as a debit to Salaries Expense and a credit to Cash. Which of the following statements correctly states the effect of the error on the trial balance?
A) The sum of the debits will exceed the sum of the credits by $50. B) The sum of the credits will exceed the sum of the debits by $100. C) The sum of the debits will exceed the sum of the credits by $100. D) The sum of the credits will equal the sum of the debits. Title: Re: A journal entry for a $50 payment for rent expense was posted as a debit to Salaries Expense and ... Post by: .unplugged. on Aug 28, 2016 Content hidden
Title: Re: A journal entry for a $50 payment for rent expense was posted as a debit to Salaries Expense and a ... Post by: H3Ko on Oct 12, 2016 Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
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