An example of a transposition is
A) presenting the cash account at $1,500 instead of $15,000.
B) presenting prepaid insurance at $920 instead of $290.
C) incorrectly posting a credit amount as a debit amount in the general ledger.
D) not journalizing a sales transaction at all.

Question

Quizplus · Accepted Answer

A transposition error occurs when two digits are reversed in a number, as in the example of presenting prepaid insurance at $920 instead of $290.

An Example of a Transposition Is