Question
While in the process of posting from the journal to the ledger, the accountant of X Company failed to post a $50 debit to
While in the process of posting from the journal to the ledger, the accountant of X Company failed to post a $50 debit to the Office Supplies account The effect of this error will be as follows: Muitiple Cholce The Office Supplies account balance will be overstated. The total debits in the trial balance will be larger than the total credits.
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
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