All of the following involve counterbalancing errors except the failure to record prepaid expenses. understatement of inventory. overstatement of purchases. failure to adjust for bad debts.

Respuesta :

The items that are not counterbalancing errors includes the failure to record prepaid expenses.

What is a counterbalancing error?

This refers to the type of error that will be offset or corrected over 2 periods of accounting.

Hence, the failure to record prepaid expenses and depreciation does not involves a counterbalancing errors.

Therefore, the Option A is correct.

Read more about counterbalancing

brainly.com/question/4560726

#SPJ1