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(Solved): At year-end, a trial balance showed total credits exceeding total debits by $6,200. This difference ...



At year-end, a trial balance showed total credits exceeding total debits by

$6,200

. This difference could have been caused by: Multiple Choice The balance of

$62,000

in Accounts Payable being mistakenly entered in the trial balance as

$6,200

. An error in the general journal where a

$6,200

increase in Accounts Payable was mistakenly recorded as a decrease in Accounts Payable. The balance of

$7,000

in the Office Equipment account being mistakenly entered on the trial balance as a debit of

$800

. A net income of

$6,200

. An error in the general journal where a

$6,200

increase in Accounts Receivable was recorded as an increase in Cash.

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