your Show how the trial Tell Ranch Company how it can avoid recommendations ledger accounts: $85, and a credit to Cash, $85. P2-6C. Cookie Mejias, owner of Mejias Company, would like to know how each of the following situations would affect the totals of the trial balance and individual 1. An $850 payment for a desk was recorded as a debit to Office Equipment 2. A payment of $300 to a creditor was recorded as a debit to Accoun 3. An Accounts Receivable collection of $400 was recorded as a debit to Casli 4. The payment of a liability of $400 was recorded as a debit to Account Payable, $40, and a credit to Supplies, $40. 5. A purchase of equipment for $800 was recorded as a debit to Supplies $800, and a credit to Cash, $800. 6. A payment of $95 to a creditor was recorded as a debit to Accounts Payable $95, and a credit to Cash, $59. Payable, $300, and a credit to Cash, $100. $400, and a credit to C. Mejias, Capital, $400. C a What would you tell Cookie? Which accounts would be overstated and which would be understated? Which would be correct? Explain in writing how mistakes like these can be avoided.