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How trial balance column totals will therefore differ by

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Reference no: EM132739362

Problem 1: A P800 credit item is accidentally posted as a debit. The trial balance column totals will therefore differ by

a. P0

b. P400

c. P800

d. P1,600

Problem 2: Books of accounts include

a. Journals and ledgers

b. Journals and trial balance

c. Ledgers and financial statements

d. Journal, ledgers, and financial statements

Reference no: EM132739362

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