Question: Journalize the entries to correct the following errors: a. A purchase of supplies for $220 on account was recorded and posted as a debit to
Journalize the entries to correct the following errors: a. A purchase of supplies for $220 on account was recorded and posted as a debit to Supplies for $492 and as a credit to Accounts Recevable for $492. (Record the entry to reverse the error first.) If an amount box does not require an entry, leave it blank. Accounts Receivable Cash Fees Earned Retained Earnings b Wages Expense im Fees Earned was recorded and posted as a debit to Fees Eamed for $5,244 and a credit to Cash for $5,244. If an amount box does not require an entry, leave it blank. lo
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