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cathleens
Oct 17, 2011, 11:22 AM
On the Trail Balance what would be an error?
1. Accumulated Depreciation credit
2. Account payable credit
3. Retain Earning Debit
4. Rent expenses credit

pready
Oct 17, 2011, 11:33 AM
Number 3. Retained Earnings Has a normal Credit Balance.
Number 4. Expenses have a normal Debit Balance.

cathleens
Oct 17, 2011, 12:00 PM
I am having trouble with eyeballing the trail balance sheet. Is there anything I can read to help me?