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    Financial and Managerial Accounting Study Set 2
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    Exam 2: Analyzing Business Transactions
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    A $70 Credit Item Is Accidentally Posted as a Debit
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A $70 Credit Item Is Accidentally Posted as a Debit

Question 185

Question 185

Multiple Choice

A $70 credit item is accidentally posted as a debit.The trial balance column totals will therefore differ by


A) $0.
B) $35.
C) $70.
D) $140.

Correct Answer:

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