candyland201329 candyland201329
  • 12-10-2017
  • Business
contestada

A $22 credit to sales was posted as a $220 credit by what amount is the sales account in error

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duaneschwartz0owwtp5
duaneschwartz0owwtp5 duaneschwartz0owwtp5
  • 12-10-2017
i think i read the question right. I think they would be out $198
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andromache andromache
  • 18-03-2020

Answer:

$198

Explanation:

The data provided in the question

Credit to sales = $22

But wrongly posted as a $220 credit

Since the right amount is $22 credited but it wrongly posted as a $220 credited

So the difference is to be shown as the sales account error

Sales account in error = Wrong amount - correct amount

= $220 - $22

= $198

By deducting the correct amount from the wrong amount we can determine the sales account in error amount

Answer Link

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