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Which one of the following errors would fully account for the difference? A) $960 paid for plant maintenance has been correctly entered in the cash book and credited to the plant asset account. B) Discount received $960 has been debited to discount allowed account C) A receipt of $1920 for commission receivable has been omitted from the records D) The petty cash balance of $1920 has been omitted from the trial balance.
B) Discount received $960 has been debited to discount allowed account
Discount recieved have wrongly debited to the discount allowed column and the amount is 960$ that is wrongly debited to the column...
Option ( b ) is a error wrong entry
please solve this question anyone i want correct answers
The debit side of a company’s trial balance totals $1920 more than the credit side.
Which one of the following errors would fully account for the difference?
The below mentioned is the correct answer:
B) Discount received $960 has been debited to discount allowed account
