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    Financial Accounting Information for Decisions Study Set 3
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    Exam 2: Financial Statements and the Accounting System
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    A $15 Credit to Sales Was Posted as a $150
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A $15 Credit to Sales Was Posted as a $150

Question 237

Question 237

Multiple Choice

A $15 credit to Sales was posted as a $150 credit.By what amount is the Sales account in error?


A) $150 understated.
B) $135 overstated.
C) $150 overstated.
D) $15 understated.
E) $135 understated.

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