Reference no: EM132680942

Problem 1: While in the process of posting from the journal to the ledger a company failed to post a P500 debit to the Office Supplies account. The effect of this error will be that:

a. The trial balance will not balance

b. The error will overstate the debits listed in the journal

c. The total debits in the trial balance will be larger than the total credits

d. The error will overstate the credits listed in the journal

Problem 2: The Post. Ref. column in the general journal is used to show that an account has been posted to the ledger when which of the following is placed in it?

a. Journal page number

b. Account number

c. Journal voucher number

d. Check mark