The following errors have been discovered after the preparation of a trial balance. Show the journal entries

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The following errors have been discovered after the preparation of a trial balance. Show the journal entries necessary to correct these two errors.

(a) Purchases of $123 from Wong have been debited to his account.

(b) Rent receivable of $500 has been debited to rent payable account as $50.

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Cambridge International As And A Level Accounting Revision Guide

ISBN: 9781444192001

1st Edition

Authors: Ian Harrison, Michael Hillman

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Question Posted: Aug 28, 2023 12:17 PM

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The following errors have been discovered after the preparation of a trial balance. Show the journal entries

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Cambridge International As And A Level Accounting Revision Guide

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