Classifica

tion
Revenues
Expenses
Profit
Total
assets
Total
liability
Owners
equity

Effect of ommission
c
d
e

a. Payment for repairs erroneously debited to building account

b. Recorded collection of an account receivable by debiting cash and crediting a
revenue account
c. Depreciation for the month was omitted
d. Recorded twice an acquisition of office equipment on account
e. Recorded the acquisition office equipment for cash as debited to office
equipment and credit to depreciation expense
f. Recorded cash payments for advertising by debiting repairs expense and
crediting cash
g. Rendered services for cash but made no record of the transaction
h.