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Business, 16.05.2021 18:50 belindajolete

Drag the tiles to the boxes to form correct pairs. Match the situations to the relevant accounting errors.
-error of reversal of entries
-error of omission
-calculation error
-error of principle

-Ben was adding up the total sales for the day. He committed an error in
addition
-Cynthia received $500 cash from her debtor. She debited the amount in the
cash account instead crediting it.
-Darryl overlooked an amount of $250, which he paid as transport expenses.
-Erica bought a secondhand van for her business. She entered this as a
transport expense Instead of recording it as an asset for the business.

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Answers: 3

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