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Unformatted text preview: SJ : ‘ , Ci 0 ‘ fl] 5' ‘ Mfg/Egg? @ ®® @ Katarina Clarin Permata QueS‘iOH Which of the following types of errors cannot be detected by the use of a trial balance? Complete Show one page at a time Mark 1.00 out FInlsh revrew of1.00 ‘7 Flag Select one: a. A transaction that has been omitted. question ‘A b. An account recorded as an asset instead of as an expense. 7 c. All answers are correct. h d. A transaction recorded twice. h e. An amount posted to the correct side of the ledger but to the wrong account. Quesmn 2 Accounts that usually have debit balances include: Complete Mark 100 out Select one: of1.oo \ Y H / ‘ a. Creditors, capital, revenues. depreciation expense 39 question ’A b. Debtors, drawings, wages, accumulated depreciation " c. Debtors, drawings, equipment, depreciation expense d. Equipment, drawings, accumulated depreciation, inventory e. Equipment, drawings, advertising, inventory gain Quesmn 3 In which of the following transactions or events are the debit entries NOT equal to the credit entries? Complete Mark 1.00 out Select one: of 1.00 V Fl "3‘ a. Wages owing are recorded as increasing an expense and decreasing a liability 39 question 7 be Receipt from a customer is recorded as increasing an asset and decreasing another asset ...
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  • Spring '18
  • Depreciation, Generally Accepted Accounting Principles

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