The amount of P326 received from customers on account was posted asa Which of the following errors, each considered separately, would cause the tr A payment of P410 to a creditor was posted as a debit of P410 to Account A payment of P20 for Miscellaneous Expense was recorded as a debit of P malance totals to be unequal? to Cash and a credit of P20 to Miscellaneous Expense. debit of P236 to Cash and a credit of P236 to Accounts Receivable. Payable and a credit of P41 to Cash.
The amount of P326 received from customers on account was posted asa Which of the following errors, each considered separately, would cause the tr A payment of P410 to a creditor was posted as a debit of P410 to Account A payment of P20 for Miscellaneous Expense was recorded as a debit of P malance totals to be unequal? to Cash and a credit of P20 to Miscellaneous Expense. debit of P236 to Cash and a credit of P236 to Accounts Receivable. Payable and a credit of P41 to Cash.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:15. Which of the following errors, each considered separately, would cause the tra
A payment of P410 to a creditor was posted as a debit of P410 to Account
The amount of P326 received from customers on account was posted asa
A payment of P20 for Miscellaneous Expense was recorded as a debit of Pa
Failure to post part of an entry
d.
balance totals to be unequal?
a.
to Cash and a credit of P20 to Miscellaneous Expense.
b.
debit of P236 to Cash and a credit of P236 to Accounts Receivable.
C.
a
Payable and a credit of P41 to Cash.
d. A payment of P18 to a creditor was posted as a debit of P180 to Accounts
Payable and a credit of P180 to Cash.
224
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