In the accounts of A Bottlebrush, a tax invoice for the sale of stock $385 ($350 +$35
Question:
In the accounts of A Bottlebrush, a tax invoice for the sale of stock $385 ($350 +$35 GST) to Glen Bawn was processed through the sales journal incorrectly as $836 ($760 + $76 GST). Control accounts are used.
You are required to correct this error in the accounts of A Bottlebrush by preparing:
a pro forma general journals showing:
i what the entry should have been ii what the erroneous entry was iii in general journal format, what the correction journal entry is b reversal and correcting general journals.
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Pro forma General Journals i Entry should have been Date Date of original transaction Debit Accounts ...View the full answer
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Related Book For
Accounting An Introduction To Principles And Practice
ISBN: 9780170403832
9th Edition
Authors: Edward A. Clarke, Michael Wilson
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