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    DianiaLW's Avatar
    DianiaLW Posts: 2, Reputation: 1
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    #1

    Jun 1, 2012, 11:27 AM
    Effects of errors on trail balance
    2. An entry debiting Accounts Receivable and crediting Fees Earned for $11,000 was not posted.
    3. A debit of $1,000 to Accounts Payable was posted as a credit.
    4. A debit of $800 to Supplies was posted twice.
    5. A debit of $900 to Cash was posted to Miscellaneous Expense.
    6. A credit of $360 to Cash was posted as $630.
    7. A debit of $9,420 to Wages Expense was posted as $9,240.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Jun 1, 2012, 01:52 PM
    2. Both your debits and credits would be understated by 11,000.
    3. Your account is overstated by 2,000. Your Debits and credits will not be equal. Your Credits will be overstated by 2,000.
    4. Your account is overstated by 800. Your debits and credits will not be equal and would be overstated by 800.
    5. Your debits and credits will be equal, however your cash account would be understated and your Misc Expense would be overstated by 900.
    6. Your Cash account would be overstated by 270. Also your Debits will not equal your credits and would be overstated by 270.
    7. Your Wages Expense would be understated by 180. Also your debits will not equal your credits and would be understated by 180.
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