The accountant for Mega Stores, Inc. should have recorded the following correct entry.

Jan 15

Notes receivable equipment

243

243

Instead, he misunderstood the transaction and recorded an incorrect entry. Which Of the following wrong entries pertaining to this transaction could have been detected as erroneous 'when using a trial balance?

a.	Jan 15	Notes payable cash	243	243
b.	Jan 15	Notes receivable equipment	243	243
c.	Jan 15	Equipment expense notes receivable	243	243
d.	Jan 15	Notes receivable equipment	243	243

Answer rating: 100% (QA)

d Jan 15 ... View the full answer