Business, 11.02.2021 22:10 tatyananannanana
The following errors took place in journalizing and posting transactions:
a. Cash of $8,800 received on account was recorded as a debit to Fees Earned and a credit to Cash.
b. A $1,760 purchase of supplies for cash was recorded as a debit to Supplies Expense and a credit to Accounts Payable.
Note: Prepare the entry to reverse the original entry first. Journalize the entries to correct the errors. If an amount box does not require an entry, leave it blank.
Answers: 3
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The following errors took place in journalizing and posting transactions:
a. Cash of $8,800 receive...
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