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    mcneill8's Avatar
    mcneill8 Posts: 1, Reputation: 1
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    #1

    Sep 15, 2018, 02:08 PM
    If you have a purchase of supplies on account for $4,730 was credit to Supplies for $
    If you have a purchase of supplies on account for $4,730 was credit to Supplies for $4,730 and a credit to Accounts for $4,730. If the totals on the trail balance are not equal, by how much is one column higher than the other?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Sep 28, 2018, 06:55 AM
    You cannot have two credits otherwise your trial balance will be unbalanced by twice the entry

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