jordanbrown286
contestada

-transposition
-reversal of entries
-original entry
-omission

•Ethan records $1,000 as a rent expense; however, the actual rent paid was
$1,500.
•Ethan records stationery expenses as $251, but it should have been $215.
•Ethan records salaries of $5,000 as credits instead of debits.
•Ethan made a subtraction error while analyzing the profit on the sale of an
asset.
•Ethan completely overlooked stationery expenses of $115.
calculation
1000
Match each definition to each example.

transposition reversal of entries original entry omission Ethan records 1000 as a rent expense however the actual rent paid was 1500 Ethan records stationery ex class=

Respuesta :

ayokenny2001

Accounting error are errors committed in accounting, which are not intentional.

What is accounting error?

These are unintentional errors committed in accounting, which are often corrected when spotted.

Matching each definition to each example is shown below:

  1. Ethan records $1,000 as a rent expense; however, the actual rent paid was $1,500  Original entry
  2. Ethan records stationery expenses as $251, but it should have been $215    Transposition
  3. Ethan records salaries of $5,000 as credits instead of debits. Reversal of entries
  4. Ethan made a subtraction error while analyzing the profit on the sale of an asset.  Calculation
  5. Ethan completely overlooked stationery expenses of $115.  Omission

Learn more about accounting errors here : https://brainly.com/question/25671660

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