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An organization restores its petty cash balance to £350 at the end of each month.

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An organization restores its petty cash balance to £350 at the end of each month.

During October, the total expenditure column in the petty cash book was calculated as being £310, and hence the impress was restored by this amount. The analysis columns, which had been posted to the nominal ledger, totaled only £300.

This error would result in:

A.

The trial balance being £10 higher on the debit side

B.

The trial balance being £10 higher on the credit side

C.

No imbalance in the trial balance

D.

The petty cash balance being £10 lower than it should be

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Refer to the Exhibit.
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