Accounting for IGCSE & O level - Accounting Procedures (Section 26 - No. 24)
Which of the following entries is an example of a *reversal error*?
Debiting the wages expense and crediting cash.
Debiting purchases and crediting accounts payable.
Debiting the cash account and crediting the sales account.
Debiting the sales account and crediting the cash account.
Explanation
A reversal error would be where entries are made to the wrong side.
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