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what is the error been corrected in item #3 Phil Couto is a trader in Brazilian textiles. The following General Journal represents the correction of
what is the error been corrected in item #3
Phil Couto is a trader in Brazilian textiles. The following General Journal represents the correction of five errors in the firm on June 30, 2020 DETAILS Dr Cr $ s 1 Sales 3.400 Mary Spice 3.400 Goods sold on credit to Mary Spice was overstated 8.250 Suspense Purchases 8250 Goods Purchased by cheque was correctly posted in the Bank account but was overstated in the Purchases Account 7.200 3 Rory Mckey Bank 7 200 7 200 Bank Romy Mckenzie 7 200 7,200 Romy Mckenzie Cheque received from Romy Mckenzie was posted to the account of Rory Mckey 17.100 14 Cash Office Expense 17,100 Office Expense 1 700 Cash 1,700 Payment of cash for office expense was incorrectly posted to the book 5 Motor Vehicle Repairs 5.000 5.000 Suspense Payment of motor vehicle repairs by cheque was not posted to the motor vehicle repairs account What is the name of the error that was being corrected in item #32 attempt.php 7,100 fice Expense e Expense 1,700 1,700 Cash ment of cash for office expense s incorrectly posted to the book 5,000 otor Vehicle Repairs 5,000 Suspense Payment of motor vehicle repairs by cheque was not posted to the motor vehicle repairs account What is the name of the error that was being corrected in em # 3? Select one: a Compensation b. Principle c Commission d Original Entry aStep by Step Solution
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