Question

The following journal entries were prepared by an employee of Global Marketing Company who does not have an adequate knowledge of accounting.


INSTRUCTIONS
Examine the journal entries carefully to locate the errors. Provide a brief written description of each error. Assume that Office Equipment and Office Supplies were recorded at the correct values.
Analyze: After the correcting journal entries have been posted, what effect do the corrections have on the company’s reportedassets?


$1.99
Sales8
Views533
Comments0
  • CreatedAugust 08, 2014
  • Files Included
Post your question
5000