Following Is a List of Errors Made During the Posting

question 141

Short Answer

Following is a list of errors made during the posting process. Indicate the exact dollar impact each error would have on (1)total revenue, (2)total expenses, and (3)net income.
a)A $600 debit to salary expense was posted as a $600 credit to salary expense.
b)A $700 credit to service revenue was never posted.
c)A $2,000 debit to the withdrawals account was posted as a $2,000 debit to utilities expense.
d)A $1,500 credit to the revenue account was debited to the revenue account.
e)A $30,000 debit to the land account was debited to an expense account instead. $\begin{array} { | l | l | l | l | } \hline \text { Error } & \text { Revenue } & \text { Expenses } & \text { Net Income } \\\hline \text { a) } & & & \\\hline \text { b) } & & & \\\hline \text { c) } & & & \\\hline \text { d) } & & & \\\hline \text { e) } & & & \\\hline\end{array}$

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Definitions:

Conjunctivitis

An inflammation of the conjunctiva, the clear membrane that lines the eyelid and covers the white part of the eyeball.

Iris

The colored part of the eye surrounding the pupil, controlling light levels inside the eye by adjusting pupil size.

Choroid

A layer of the eye containing blood vessels and connective tissue, located between the sclera and retina.

Eyes Turn Inward

Refers to a condition where the eyes are oriented towards the nose, often indicating convergence or a focusing mechanism.