For the following transactions, produce journal entries to correct the errors that have been made. No narratives

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For the following transactions, produce journal entries to correct the errors that have been made. No narratives are required.

(a) Purchases of goods on credit for £38 from S Barnes were entered by mistake in the account of S Baines.

(b) Cheque received from M Brassington for £46 was entered in both accounts as £64.

(c) Motor repairs of £32 were treated as Motor vehicles.

(d) A payment by cheque to A Stacey, a creditor, of £97 was completely missed out.

(e) A sale on credit to J Spillane for £32 was entered as £43.

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

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Question Posted: Mar 08, 2024 07:00 AM

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For the following transactions, produce journal entries to correct the errors that have been made. No narratives

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S Baines S Barnes M Brassin...View the full answer

Frank Woods Business Accounting Basics

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