Following Is a List of Errors Made During the Posting

question 102

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 assets, (2)total liabilities, and (3)owner's equity.
a)A $100 debit to the accounts payable account was posted as a $400 debit.
b)A $500 debit to withdrawals was never posted.
c)A $2,000 debit to the land account was posted as a $2,200 debit.
d)A $1,700 credit to the revenue account was credited to an expense account.
e)A $4,000 debit to an expense account was debited to land account instead. $\begin{array} { | l | l | l | l | } \hline \text { Error } & \text { Assets } & \text { Liabilities } & \text { Owner's Equity } \\\hline \text { a) } & & & \\\hline \text { b) } & & & \\\hline \text { c) } & & & \\\hline \text { d) } & & & \\\hline \text { e) } & & & \\\hline\end{array}$

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Definitions:

Verbal Communication

The use of spoken or written words to convey a message or exchange information between individuals or groups.

Nonverbal Communication

Involves the transmission of messages or information between individuals through visual, auditory, tactile, and kinesthetic means without using words.

Nonverbal Cues

These are the unspoken signals or gestures used in communication to convey feelings, intentions, or information without the use of words.

Verbal Cues

Elements of spoken language, such as tone, pace, and volume, that provide additional context or meaning beyond the actual words spoken.