Question: ERRORS NOT REVEALED BY THE TRIAL BALANCE The following errors were found in the books of Joe Smart at the end of business on August
ERRORS NOT REVEALED BY THE TRIAL BALANCE The following errors were found in the books of Joe Smart at the end of business on August 31,2019
5) Both the drawings and discount received accounts had been over added by $40.
6) $150 Discount allowed to jones had not been recored in the books.
You are required to prepare journal entries to show the correction of the errors above.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
