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Answer:

Error 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

Would the error cause the trial balance to be out of balance? Yes No X X X X X X X X X X

Amount of Imbalance $500 311 0 1,360 0 0 0 0 18,000 0

Correcting Journal Entry Required Yes No X X X X X X X X X X

Difficulty: 3 Hard Topic: Journalizing and Posting Transactions; Preparing a Trial Balance Learning Objective: 02-P1 Record transactions in a journal and post entries to a ledger.; 02-P2 Prepare and explain the use of a trial balance. Bloom's: Apply AACSB/Accessibility: Analytical Thinking / Keyboard Navigation AICPA: BB Industry; FN Measurement

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