Condition on the trial balance

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Reference no: EM13792277

A journal entry for a $250 payment on account was posted as a $520 debit to account was posted as a $520 debit to Accounts payable and a $250 credit to cash. this error will cause whihc of the following condition on the trial balance?

A. the sum of the credits will exceed the sum of the debits

B. The sum of the debits will exceed the sum of the credits by $270

C. The sum of the debits will exceed the sum of the credits by $250

D. The trial balance will be in balance; the sum of the credits will equal the sum of the debits

Reference no: EM13792277

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