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+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

FINANCIAL ACCOUNTING
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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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
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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