Your friend has come to you for advice on how to record a transaction in their accounting
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Question:
Your friend has come to you for advice on how to record a transaction in their accounting records for their proprietorship:
1) Use what you have learned in to explain what is done at each step up to preparing the trial balance.
2) How would you go about detecting the error(s) if a trial balance resulted in total debits of $23,500 and total credits of $22,700.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date: