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 revenue, (2)total expenses, and (3)net income.
a)A $100 debit to rent expense was posted as a $300 debit to rent expense.
b)A $700 credit to service revenue was credited at $70 instead
c)A $2,000 debit to the withdrawals account was posted as a $2,000 debit to revenue.
d)A $1,500 debit to the salary expense account was debited to rent expense account.
e)A $3,000 debit to the equipment account was debited to an expense account instead.
Correct Answer:

Verified
Correct Answer:
Verified
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