+4 mins 17.1 The debit side of a trial balance totals $800 more than the credit side. Which one of the following errors would fully account for the difference? $400 paid for plant maintenance has been correctly entered in the cash book and credited to the plant asset account. Credit note issued to a customer of $400 has been debited to trade receivables. C A receipt of $800 for commission receivable has been omitted from the records. The petty cash balance of $800 has been omitted from th 72
+4 mins 17.1 The debit side of a trial balance totals $800 more than the credit side. Which one of the following errors would fully account for the difference? $400 paid for plant maintenance has been correctly entered in the cash book and credited to the plant asset account. Credit note issued to a customer of $400 has been debited to trade receivables. C A receipt of $800 for commission receivable has been omitted from the records. The petty cash balance of $800 has been omitted from th 72
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
In detail why b is correct.
![44 mins
17.1 The debit side of a trial balance totals $800 more than the credit side.
Which one of the following errors would fully account for the difference?
$400 paid for plant maintenance has been correctly entered in the cash book and credited to the
plant asset account.
A
Credit note issued to a customer of $400 has been debited to trade receivables.
C
A receipt of $800 for commission receivable has been omitted from the records.
The petty cash balance of $800 has been omitted from the trial balance,
17.2 The bookkeeper of Peri mad
し](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F94742fce-d03c-4619-9e3d-ea005243a4fe%2Fec004ec6-998d-40bf-81ff-66a248699652%2F7khuggp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:44 mins
17.1 The debit side of a trial balance totals $800 more than the credit side.
Which one of the following errors would fully account for the difference?
$400 paid for plant maintenance has been correctly entered in the cash book and credited to the
plant asset account.
A
Credit note issued to a customer of $400 has been debited to trade receivables.
C
A receipt of $800 for commission receivable has been omitted from the records.
The petty cash balance of $800 has been omitted from the trial balance,
17.2 The bookkeeper of Peri mad
し
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