Question
The balance of Cash in Bank was incorrectly calculated and
understated by $200.
a. error affects the trial balance totals
b. error DOES NOT affect the trial balance totals
c. a correcting entry is required
d. both B and C
understated by $200.
a. error affects the trial balance totals
b. error DOES NOT affect the trial balance totals
c. a correcting entry is required
d. both B and C
Answers
GPT 3.5
d. both B and C