Question: On July 9 2016 an employee of Capital Corporation mistakenly
On July 9, 2016, an employee of Capital Corporation mistakenly debited Utilities Expense rather than Telephone Expense when recording a bill of $1,000 for the May telephone service. The error was discovered on July 30. Prepare a general journal entry to correct the error.
Answer to relevant QuestionsOn September 16, 2016, an employee of Cannon Company mistakenly debited the Truck account rather than the Repair Expense account when recording a bill of $800 for repairs. The error was discovered on October 1. Prepare a ...The transactions listed below took place at Brown Building Cleaning Service during September 2016. This firm cleans commercial buildings for a fee.INSTRUCTIONSAnalyze and record each transaction in the general journal. ...On December 31, 2016, the ledger of Hernandez Company contained the following account balances:All the accounts have normal balances. Journalize the closing entries. Use 4 as the general journal pagenumber.Consumer Research Associates, owned by Sam Hill, is retained by large companies to test consumer reaction to new products. On January 31, 2016, the firm’s worksheet showed the following adjustments data: (a) Supplies used, ...Demetria Davis, the bookkeeper for Home Interiors and Designs Company, has just finished posting the closing entries for the year to the ledger. She is concerned about the following balances:Capital account balance in the ...
Post your question