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juin [17]
3 years ago
12

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

Business
2 answers:
Elodia [21]3 years ago
5 0
I think i read the question right. I think they would be out $198
Andreyy893 years ago
5 0

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

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Answer:

b. is zero.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

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For instance, Citizen A pays 20% on $50,000 and Citizen B pays 15% on $36.000.

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7 0
2 years ago
If the demand for a good is estimated to be _____, then firms producing the good will experience an increase in total revenue if
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3 years ago
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2 years ago
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Answer:

The appropriate fill-in-the-blank is 05 years. Thus the statement becomes

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