A check for $455 issued in payment of an account payable was erroneously listed in the cash
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A check for $455 issued in payment of an account payable was erroneously listed in the cash payments journal as $545. The error was discovered early in the following month when the paid check was returned by the bank. What corrective action is needed?
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Related Book For
Accounting The Basis For Business Decisions
ISBN: 9780070415515
5th Edition
Authors: Robert F. Meigs, Walter B Meigs
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