Question
Adjusting Entry from Bank Reconciliation Koosh, a furniture company, made an error in recording a check received from a customer. Last month, Koosh's customer bought
Adjusting Entry from Bank Reconciliation
Koosh, a furniture company, made an error in recording a check received from a customer. Last month, Koosh's customer bought a table for $1,170. Upon receiving the check from the customer, Koosh entered the check as an increase of cash of $1,610.
Required:
Record the appropriate journal entry to correct the error. If an amount box does not require an entry, leave it blank.
| Accounts PayableAccounts ReceivableBank Service Charge ExpenseCashNotes Payable | - Select - | - Select - | |
| Accounts PayableAccounts ReceivableBank Service Charge ExpenseCashNotes Payable | - Select - | - Select - |
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Cornerstones of Financial Accounting
Authors: Jay Rich, Jeff Jones
4th edition
978-1337690881, 9781337669450, 1337690880, 1337690899, 1337669458, 978-1337690898
