Verlon Mills thinks the following mistakes may have been made in his accounting records: (i) a credit sale was recorded at the wrong value in the sales account (ii) a cheque issued to a credit supplier was debited to the purchases account. The credit entry was made correctly. Which of the mistake(s) will be revealed by extracting a trial balance? 

Answer rating: 100% (QA)

1 Making an error when recording a credit sale in the sales account this could have ... View the full answer