Assume that there is only one transposition error in the following trial balance Identify the incorrect amount, and correct the trial balance FISHER SERVICES Trial Balance December 31, 2014 $ 2,500 Cash Accounts receivable 4,150 Supplies Accounts payable R Fisher, capital R Fisher, withdrawals 375 ...

Transposition errors are divisible by 9 The difference is 1800 11675 9875 whi ...

Assume that there is only one transposition error in the following trial balance. Identify the incorrect amount,

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Assume that there is only one transposition error in the following trial balance. Identify the incorrect amount, and correct the trial balance.

FISHER SERVICES Trial Balance December 31, 2014 $ 2,500 Cash Accounts receivable 4,150 Supplies Accounts payable R. Fish

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Accounting Volume 1

ISBN: 978-0132690096

9th Canadian edition

Authors: Charles T. Horngren, Walter T. Harrison, Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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Assume that there is only one transposition error in the following trial balance. Identify the incorrect amount,

Question:

FISHER SERVICES Trial Balance December 31, 2014 $ 2,500 Cash Accounts receivable 4,150 Supplies Accounts payable R. Fisher, capital R. Fisher, withdrawals 375 $3,850 1,025 500 5,000 Service fees earned 475 Insurance expense Salaries expense Utilities expense 3,100 575 Total $11,675 $9,875

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Accounting Volume 1

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