Show how each of the following errors would affect trial balance agreement: (i) Computer repairs 184 was
Question:
Show how each of the following errors would affect trial balance agreement:
(i) Computer repairs £184 was debited to the computer account.
(ii) £918 discounts received credited to discounts allowed account.
(iii) Inventory at close undervalued by £2,050.
(iv) £260 commission received was debited to the sales account.
(v) Drawings £106 credited to the capital account.
(vi) Cheque paying £380 to M. Wilson entered in the cash book but not in the personal account.
(vii) Cheque £264 from T. Pane credited to T. Pain.
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Related Book For
Frank Woods Business Accounting An Introduction To Financial Accounting
ISBN: 9781292365435
15th Edition
Authors: Alan Sangster, Lewis Gordon, Frank Wood
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