6. Errors can occur for which of the following reason(s)? a. Arithmetic b. Recording two debits and no credits Recording incorrect amounts d. All of the answers listed C. 7. The accountant recorded income from services as P4,500 when it shou been recorded as P4,050. This is an example of a a. matching error b. footing C. slide d. transposition is a book in which business transactions are recorded 8 A a. ledger b. balance sheet C. journal

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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d. none of the answers listed
6. Errors can occur for which of the following reason(s)?
Arithmetic
b. Recording two debits and no credits
Recording incorrect amounts
a.
C.
d.
All of the answers listed
7. The accountant recorded income from services as P4,500 when it shoule
been recorded as P4,050. This is an example of a
a. matching error
b. footing
C.
slide
d. transposition
is a book in which business transactions are recorded.
8 A
a. ledger
b. balance sheet
C. journal
d trial halance
Transcribed Image Text:d. none of the answers listed 6. Errors can occur for which of the following reason(s)? Arithmetic b. Recording two debits and no credits Recording incorrect amounts a. C. d. All of the answers listed 7. The accountant recorded income from services as P4,500 when it shoule been recorded as P4,050. This is an example of a a. matching error b. footing C. slide d. transposition is a book in which business transactions are recorded. 8 A a. ledger b. balance sheet C. journal d trial halance
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