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    AshleyShea's Avatar
    AshleyShea Posts: 1, Reputation: 1
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    #1

    Feb 21, 2008, 12:37 AM
    Errors in debits and credits
    Does a credit balance in a salary expense account indicate a likely error?
    Does a debit balance in a notes payable account indicate a likely error?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
     
    #2

    Oct 18, 2008, 07:43 PM

    Yes, they could indicate a likely error in the account.

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