clmcneil
Jan 20, 2008, 06:34 PM
I am in need of some help with accounting homework.
Indicate whether the trial balance will balance, the amount of the difference if the trial balance will not balance; and the trial balance column that will have the larger total.
A purchase of supplies on account of $450 was debited to Supplies for $540 and credited to Accounts Payable for $540.
Indicate whether the trial balance will balance, the amount of the difference if the trial balance will not balance; and the trial balance column that will have the larger total.
A purchase of supplies on account of $450 was debited to Supplies for $540 and credited to Accounts Payable for $540.