Question

List 5 errors found on Françoise’s balance sheet

Answer 1

2)the Total assets is wrong

2)The debits on the Liabilities

1)Owners Equity should be increasing on the Credit side

Step-by-step explanation:

the Total assets is wrong-> you need to subtract the total debit and credit.

2)the Total assets is wrong-> dude didn't add the debits on the assets, 2)The debits on the Liabilities should be increasing on the Credit side, 1)Owners Equity should be increasing on the Credit side, while dude got it wrong. But the total for Liabilities and Owners Equity is correct.