menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Business Reporting Study Set 1
  4. Exam
    Exam 4: Business Transactions
  5. Question
    A Common Error That Occurs When a Transaction Is Recorded
Solved

A Common Error That Occurs When a Transaction Is Recorded

Question 19

Question 19

Short Answer

A common error that occurs when a transaction is recorded with two increases (or decreases)to one side of the accounting equation is known as a(n)__________ error.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q14: When recording a sale of inventory on

Q15: A business paid $6000 cash for the

Q16: An example of a personal transaction would

Q17: Which of these is not part of

Q18: Borrowing $10 000 from the bank to

Q20: An accountant sent an invoice to a

Q21: The receipt of payment for an account

Q22: Which of the following is not a

Q23: The business completes a purchase order for

Q24: Occurrences that have the potential to affect

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines