Business, 02.09.2020 21:01 EBeast9741
Posting errors are identified in the following table. In column (1), enter the amount of the difference between the two trial balance columns (debit and credit) due to the error. In column (2), identify the trial balance column (debit or credit) with the larger amount if they are not equal. In column (3), identify the account(s) affected by the error. In column (4), indicate the amount by which the account(s) in column (3) is under- or overstated. Item (a) is completed as an example. (Select "None" if there is no effect.) Description of Posting Error Difference between Debit and Credit Columns (2) Column with the Larger Total (3) Identify Account(s) Incorrectly stated (4) Amount That Account(s) Over- or Understated a $ 90 Credit Rent Expense Rent Expense is understated by $90 a. $1,760 debit to Rent Expense is posted as a $1,670 debit b. $3,520 credit to Cash is posted twice as two credits to Cash. c. $7,040 debit to the Dividends account is debited to Common Stock. d. $1,610 debit to Prepaid Insurance is posted as a debit to Insurance Expense. e $30,800 debit to Machinery is posted as a debit to Accounts Payable. f. $4,420 credit to Services Revenue is posted as a $442 credit 9 $800 debit to Store Supplies is not posted.
Answers: 3
Business, 21.06.2019 21:30
Gary becker's controversial the economics of discrimination concludes that price discrimination has no effect on final profits. price discrimination benefits monopolies. labor discrimination in hiring results in more efficient allocations of production. discrimination in hiring practices has no effect on final profits. labor discrimination harms firms that practice it due to increased labor costs. price discrimination harms monopolies, which refutes over two centuries of economic theory.
Answers: 3
Business, 22.06.2019 00:30
Which statement is true about the elements of the interface of a presentation program? a. the status bar appears at the top of the page and displays options to style your slides. b. the tool bar displays the thumbnails of your presentation slides in the order they will appear in the presentation. c. rulers indicate the margins, tabs, and indents in a presentation slide. d. the document area provides a list of commands to create, format, and edit presentations.
Answers: 3
Business, 22.06.2019 03:30
Sarah salesrep is brand new to her job selling "lifetime" printers that never need replacement ink cartridges. the problem is that these printers cost ten times more than a regular printer, so it is difficult to get prospective buyers to understand the cost savings of buying it. to break through the barrier and begin making sales, sarah should use a analysis that highlights her printer's lower cost.
Answers: 3
Business, 22.06.2019 10:40
At cooly cola, we are testing the appeal of our new diet one cola. in a taste test of 250 randomly chosen cola drinkers, 200 consumers preferred diet one cola to the leading brand. assuming that the sample were large enough, the large-sample 95% confidence interval for the population proportion of cola drinkers that prefer diet one cola would be:
Answers: 1
Posting errors are identified in the following table. In column (1), enter the amount of the differe...
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