Question: 3. Determine by how much. if at all, the adjusted trial balance will be incorrect due to the following independent errors? a. An adjustang entry
3. Determine by how much. if at all, the adjusted trial balance will be incorrect due to the following independent errors? a. An adjustang entry for prepaid insurance debited the insurance payable account for $1.200 and credited the prepaid insurance account tor51.200 b. A fournal entry debited the ubilites expense account for $800 and credited the cash account for $700. 6. While recording the accrued inferest revenue, the accountant debited the interest receivable account for 5300 and credited the interest revenue for $30
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