FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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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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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