What amount is sales in error, Accounting Basics

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What amount is sales in error

What are two questions that an owner might be able to answer by looking at accounting information? A $15 credit to sales was posted as a $150 credit. By what amount is Sales in error?

a) $135 overstated

b) $150 overstated

c) $15 understated

d) $135 understated

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Accounting Basics: What amount is sales in error

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Accounting Basics: What amount is sales in error

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Accounting Basics: What amount is sales in error

Reference No:- TGS094613

Recent Questions Asked Accounting Basics

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