Credit side of the wages account had been under


The draft final accounts of RT Ltd for the year 30 April 20X5 showed a profit after tax of $78263. During the subsequent audit, the following errors and omissions were discovered:

(1) Items valued at $2171 had been completely omitted from the closing inventory figure.

(2) The credit side of the wages account had been under added by $100 before the balance account was determined.Show the corrected profit after adjusted these errors.

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Accounting Basics: Credit side of the wages account had been under
Reference No:- TGS0709361

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