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In a trial balance for Pina Traveler Corporation as of April 30, 2017, if the trial balance does not balance and an examination reveals an error where cash received from a customer on account was incorrectly recorded, which of the following is the most likely impact of this error on the trial balance? - The trial balance will show an overstatement of the cash balance and an understatement of accounts receivable. - The trial balance will show an understatement of the cash balance and an overstatement of accounts payable. - The trial balance will show a correct balance if the error was in the service revenue account. - The trial balance will show an overstatement of the equipment balance and an understatement of the cash balance.
Sagot :
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