Which account may contain a transposition error

Reference no: EM13504047

A trial balance has total debits of $197,900 and total credits of $199,700. Which account may contain a transposition error? a. A Cash account with a balance of $900 b. An Accounts Receivable with a balance of $1,800 c. A Cost of Goods Sold acct. with a balance of $4,200. d. An Accounts Payable with a balance of $5,300

If trial balance total debits are $72,000 and total credits are $74,700, then the error cannot bea. A slideb. A doubling errorc. A transposition for which you can find the error by investigating each account where the difference between the first two digits of its balance is 3.d. Actually, you can find the error using a, b or c.

Reference no: EM13504047

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