At year-end, a trial balance showed total credits exceeding total debits by $5,800. this difference could have been caused by the balance of $ 6520 in the office equipment account being entered on the trial balance as a debit of $ 720.
The difference is because the equipment has been beneath stated in trial stability by using $ 5800 because of which the debit facet is discreet by using $ 5800. If this mistake is corrected then the trial stability will fit. The remaining options are incorrect as those mistakes do no longer result in an awful lot of misstatement of $ 5800 inside the trial balance.
The total debit column of the trial balance has to believe the full of credit score column in the trial balance due to the fact the money owed is based totally on the double access device. The debit aspect and the credit score side ought to stability, meaning the value of the debits has to equal the fee of the credits. a tribulation balance will not stabilize if both sides do now not do the same, and the motive has to be explored and corrected.
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