Question

A $150 debit to office equipment was entered in the account as a $150 credit. this error caused the trial balance to be out of balance by:______.

Answer 1

A $150 debit to office equipment was entered into the account as a $150 credit. This error caused the trial balance to be out of balance by 300.

A trial balance is a list of all the general ledger bills contained in the ledger of a business. This listing will incorporate the call of every nominal ledger account and the fee of that nominal ledger stability. Every nominal ledger account will preserve either debit stability or credit stability.

A trial balance includes a listing of all popular ledger account totals. each account needs to include an account quantity, a description of the account, and its very last debit/credit score balance. Further, it ought to nation the final date of the accounting length for which the record is created.

The cause of a trial balance is to make sure that every entry made into an employer's well-known ledger is properly balanced. A trial balance lists the finishing stability in each popular ledger account. The total dollar amount of the debits and credits in each accounting access are purported to match.

Learn more about trial balance here brainly.com/question/24217989

#SPJ4