Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 3 - The Accounting Information System - Self-Test Questions - Page 136: 15

Answer

C

Work Step by Step

A journal will not balance if the amounts debited and credited in one transactions don't equal. A journal will balance if the amounts are equal, even if the transaction is wrong. The only option where debited and credited amounts don't equal is C, therefore it is wrong.
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