Question

The following errors took place in journalizing and posting transactions:
a. A $940 purchase of supplies for cash was recorded as a debit to Supplies Expense and a credit to Accounts Payable.
b. Cash of $2,750 received on account was recorded as a debit to Fees Earned and a credit to Cash.
Journalize the entries to correct the errors. Omit explanations.



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  • CreatedJuly 17, 2012
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