User Account

All Pages

Which errors will not be apparent in a general ledger

Assignment Help Accounting Basics
Reference no: EM132620485

Problem 1: Which of the following errors will not be apparent in a general ledger trial balance?

Group of answer choices

Option 1: a payment of salaries for $3,000 that has been recorded as Dr Cash $4,000 and Cr Salaries $4,000

Option 2: a payment of wages for $1,200 recorded as Cr Cash $1,200

Option 3: a payment for wages expense for $2,500 that has been recorded as Dr Wages expense $2,500

Option 4: a payment for wages of $200 that has been recorded as Dr Cash and Dr Wages $200

Reference no: EM132620485

Questions Cloud

Identify the type of potential threat to independence : Explain what safeguards, if any, that could be implemented to reduce the independence threats. Identify the type of potential threat to independence.
How monetary policy can influence international capital flow : Assume the MAS implements a tight monetary policy. Consider the impact this will have on international capital flows.
Comparative advantage in producing wheat : Assume both Kansas and Illinois have 100 acres of land, and land is the only input for producing wheat and soybeans.
What value should the land be recorded in gallatin repair : Gallatin Repair Service was offered $285,000 for land by a national retail chain. At what value should the land be recorded in Gallatin Repair Service record
Which errors will not be apparent in a general ledger : Which errors will not be apparent in a general ledger trial balance? a payment of wages for $1,200 recorded as Cr Cash $1,200
How many people are unemployed in each year : Supposing the following data describes a nation's population.
Describe the full process-including impact on bond prices : Describe the full process, including impact on bond prices, interest rate, investment, AD, real GDP and price level (show graphs of the bond market and AD-AS mo
Advise mr paul mbeze on what to do : Investment by fully participating in the market. As a professional in Corporate Financial Management, you are required to advise Mr. Paul Mbeze on what to do.
Explain the difference between credit cards and debit cards : Explain the difference between credit cards and debit cards. Are either credit cards or debit cards money? Explain.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd