Short Answer
Following is a list of errors made during the posting process. Indicate the exact dollar impact each error would have on (1)total assets, (2)total liabilities, and (3)owner's equity.
a)A $100 debit to the accounts payable account was posted as a $400 debit.
b)A $500 debit to withdrawals was never posted.
c)A $2,000 debit to the land account was posted as a $2,200 debit.
d)A $1,700 credit to the revenue account was credited to an expense account.
e)A $4,000 debit to an expense account was debited to land account instead.
Correct Answer:

Verified
Correct Answer:
Verified
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