29-Where the correct accounts are used but each item is shown on the wrong side of the account is an example of which type of error? a. Error of compensation b. Error of partial omission c. Error of transposition d. Complete reversal

29-Where the correct accounts are used but each item is shown on the wrong side of the account is an example of which type of error? a. Error of compensation b. Error of partial omission c. Error of transposition d. Complete reversal

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

29-Where the correct accounts are used but each item is shown on the wrong side of the account is an example of which type of error?

Error of compensation

Error of partial omission

Error of transposition

Complete reversal

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