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On December 31 - the accountant for a company made the following two errors: a) she failed to record $500 in accrued interest from a note payable - and b) she failed to record $750 in accrued interest on a note receivable. The effect on the owner's equity resulting from these errors is

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On December 31 - the accountant for a company made the following two errors: a) she failed to record $500 in accrued interest from a note payable - and b) she failed to record $750 in accrued interest on a note receivable. The effect on the owner's equity resulting from these errors is






 
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