A $15 credit to Sales was posted as a $150 credit. By what amount is Sales in error? my answer is $135 overstated
;kno
To determine the amount by which Sales is in error, we need to find the difference between the incorrect credit of $150 and the correct credit of $15.
To calculate the difference, we subtract the correct credit from the incorrect credit:
$150 - $15 = $135
Therefore, Sales is in error by $135, which means it has been overstated by $135. Your answer of $135 overstated is correct.