What type of accounting error has occurred when the cost of redecorating office premises is posted to

Question:

What type of accounting error has occurred when the cost of redecorating office premises is posted to the Land and buildings account?

(a) Entry error

(b) Error of duplication

(d) Double-entry error

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

See More Books

Question Posted: Aug 26, 2023 06:44 AM

See More Questions

What type of accounting error has occurred when payment for office stationery is posted to the Purchases account? (a) Error of duplication (b) Double-entry error (c) Entry of principle (d) Error of...
What type of accounting error has occurred when an amount received from Guy Smith is posted to George Smith? (a) Error of duplication (b) Double-entry error (c) Error of principle (d) Error of...
What type of accounting error has occurred when the same payment of 32 for office cleaning is recorded twice in the Cash account? (a) Error of principle (b) Entry error (c) Entry of principle (d)...
Write a recursive program to draw plasma clouds, using the method suggested in the text.
A system consisting of two fixed pulleys and two movable pulleys has a mechanical advantage of 4. (a) If a force of 97.0 N is exerted, what weight is raised? (b) If the weight is raised 20.5 m, what...
What is the objective of accounting standard AS (2)?
What corporate strategy evaluation tools might you recommend for NASCAR? Explain your choices. LO1
On 13 September 20X1, Nitish Corporations board of directors moved the companys operations into a newly constructed building and declared its old building available for sale. The original cost of the...
En qu sentido el escenario de los ingresos discrecionales cambiantes de Jenny con su salario cambiante es anlogo a la naturaleza de las acciones? A) Muestra cmo el valor de las acciones puede...
What type of accounting error has occurred when ,4500 paid for purchases is not posted? (a) Double-entry error (b) Error of principle (c) Error of commission (d) Compensating error
What type of accounting error has occurred when a payment of 1,570 for advertising was entered in the Cash account as 5,170? (a) Error of principle (b) Error of omission (c) Entry error (d) Error of...
Using the data from Problem 1.5: (a) Calculate the mean, median and mode of the distribution. Why do they differ? (b) Calculate the inter-quartile range, variance, standard deviation and coefficient...
Problem Statement | Nessie, the wonder-dog, is sprinting at a constant 10.0 m/s in a straight Useful Equations line. After passing point A, she slows to a stop with a constant acceleration of 1.79...
1) How much work does a supermarket checkout attendant do on a can of soup he pushes 0.810 m horizontally with a force of 5.60 N? Express your answer in joules and kilocalories. (For each answer,...
You are working as a junior developer at Smashing Websites Ltd. You are part of a team of junior developers that have recently joined the organisation. Smashing Websites provide services to a range...
3. Consider the system x + y + bz x+by+4z = 2 = 1 ax+ay + 2z == a In each case, determine all values of a and b which give the indicated number of solutions, if possible. If no such a and b exist,...
Income statements for Fanning Company for Year 3 and Year 4 follow. FANNING COMPANY Income Statements Year 4. Sales $200,200 Year 3 $180,200 Cost of goods sold. 143,800 121,800 Selling expenses...
On reentry, the Space Shuttle's protective heat tiles became extremely hot. (a) Was the mechanical energy of the Shuttle-Earth system when the Shuttle landed greater than, less than, or the same as...
The value of a share of common stock depends on the cash flows it is expected to provide, and those flows consist of the dividends the investor receives each year while holding the stock and the...
Analysis of transactions and preparation of the income statement and balance sheet Refer to the information for Regaldo Department Stores as of January 31. 2008, in Problem 34 Regaldo Department...
Analysis of transactions and preparation of the income statement and balance sheet Zealock Bookstore opened a bookstore near a college campus on July 1, 2008. Transactions and events of Zealock...
Analysis of transactions and preparation of comparative income statements and balance sheets Refer to the information for Zea1ock Bookstore in Problem 36. The following transactions relate to 2009....
you are analyzing the cost of debt for a firm. Do you know that the firms 14 year maturity, 7.8 Percent coupon bonds are selling at a price of $834. The Barnes pay interest semi annually. If these...
***Please answer the following using excel and showcasing the formulas/calculations used*** thank you so much Financial information on AAA Ltd. is shown below. AAA Ltd. Income Statement For the Year...
2. In an account Anh Paglinawan currently has $216,670.00. At a rate of 8.00% how long will it take for them to have $298,390.00 assuming semi-annually compounding? (Hint: compute the exact years, do...

What type of accounting error has occurred when the cost of redecorating office premises is posted to

Question:

Step by Step Answer:

c Er...View the full answer

Financial Accounting An Introduction

Students also viewed these Business questions