Assignment: Trial Balance Errors
In this problem, you will be given three errors that may or may not affect the trial balance. You are to determine the following:
1. As a result of each error, will the trial balance still balance? Consider each error separately. If you determine that the trial balance will not balance as a result of the error, then answer the following questions:
2. What is the amount of the difference between the two columns of the trial balance?
3. Which trial balance column (debit or credit) will have the larger total?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.