Errors not affecting profit Which one of the following errors will not affect the profit for the
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Errors not affecting profit Which one of the following errors will not affect the profit for the year?
A. An accrual for light and heat was omitted.
B. An invoice for a new motor van was incorrectly posted to motor expenses.
C. An invoice for travel expenses was incorrectly posted to motor expenses.
D. Closing inventory had been overstated.
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D Closing inventory had been overstated Errors that affect the profit for the year are thos...View the full answer
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Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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