Errors affecting profit Which one of the following errors will affect the profit for the year? A.

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Errors affecting profit Which one of the following errors will affect the profit for the year?

A. A cheque received from a credit customer had been completely omitted from the books.

B. An invoice for new machinery was incorrectly posted to fixtures and fittings.

C. A sales invoice to Peters had been incorrectly posted to Peterson's account.

D. A sales credit note had been completely omitted from the records.

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Accounting For Cambridge International AS And A Level

ISBN: 9780198399711

1st Edition

Authors: Jacqueline Halls Bryan, Peter Hailstone

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Question Posted: Sep 15, 2021 04:34 AM

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Errors affecting profit Which one of the following errors will affect the profit for the year? A.

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ANSWER D A sales credit note had been completely om...View the full answer

Accounting For Cambridge International AS And A Level

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