Business, 24.01.2020 23:31 naimareiad
For each of the following errors, considered individually, indicate whether the error would cause the trial balance totals to be unequal. if the error would cause the trial balance totals to be unequal, indicate whether the debit or credit total is higher and by how much.(a) the payment of cash for the purchase of office equipment of $12,900 was debited to land for $12,900 and credited to cash for $12,900.(b) the payment of $1,840 on account was debited to accounts payable for $184 and credited to cash for $1,840.(c) the receipt of cash on account of $3,800 was recorded as a debit to cash for $8,300 and a credit to accounts receivable for $3,800.
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Which of the following best explains why online retail companies have an advantage over regular stores? a. their employees make less money because they mostly perform unskilled tasks. b. they are able to keep distribution costs low by negotiating deals with shipping companies. c. their transactions require expensive state-of-the-art technological devices. d. they have a larger number of potential customers because people anywhere can buy from them.
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For each of the following errors, considered individually, indicate whether the error would cause th...
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