Question: The following errors took place in journalizing and posting transactions: a . A withdrawal of $ 5 , 0 0 0 by Stan Norton, owner
The following errors took place in journalizing and posting transactions:
aA withdrawal of $ by Stan Norton, owner of the business, was recorded as a debit to Office Expense and a credit to Cash.
bA receipt of $ cash from a customer on account was recorded as a debit to Cash and a credit to Fees Earned.
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