Question: Analyzing accounting errors Beth Rothman has trouble keeping her debits and credits equal. During a recent month, Beth made the following accounting errors:
a. In preparing the trial balance, Beth omitted a $4,000 Notes Receivable. The credit to Cash was correct.
b. Beth posted a $90 Utilities Expense as $900. The credit to Cash was correct.
c. In recording a $400 payment on account, Beth debited Equipment instead of Accounts Payable.
d. In journalizing a receipt of cash for service revenue, Beth debited Cash for $800 instead of the correct amount of $80. The credit was correct.
e. Beth recorded a $130 purchase of office supplies on account by debiting Office Supplies and crediting Accounts Payable for $310.
Requirements: 1. For each of these errors, state whether total debits equal total credits on the trial balance.
2. Identify each account that has an incorrect balance, and the amount and direction of the error (such as "Accounts Receivable $500 too high").