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: 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.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.