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Captain Morgan thinks the following mistakes may have been made in his accounting records: (1) a credit sale was recorded at the wrong value in
Captain Morgan thinks the following mistakes may have been made in his accounting records: (1) a credit sale was recorded at the wrong value in the sales day book and in the receivables ledger (ii) a cheque issued to a credit supplier was debited to the purchases account. The credit entry was made correctly. Which of the mistakes will be revealed by extracting a trial balance? (1) only b. neither (i) nor (ii) (ii) only d. both (i) and (ii)
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