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A Cash Payment Was Made to Pay for Delivery Expenses

question 81

Essay

A cash payment was made to pay for delivery expenses, but was mistakenly charged to advertising expenses. What effect will this have on the balance of the trial balance?


Definitions:

Night Vision

The ability to see in low-light conditions, which can be enhanced through natural adaptation of the eye or by using specialized equipment.

Accommodation

The process by which the eye's lens changes shape to focus near or far objects on the retina or the adaptation of the mind to new information.

Refraction

The bending of light as it passes from one medium to another, which changes its speed and direction.

Constriction

The act or process of making something narrower, tighter, or more enclosed.

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