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Brief Exercise 4-09 At Wildhorse Company, the following errors were discovered after the transactions had been journalized and posted 1. A collection on account from
Brief Exercise 4-09 At Wildhorse Company, the following errors were discovered after the transactions had been journalized and posted 1. A collection on account from a customer for $950 was recorded as a debit to Cash $950 and a credit to Service Revenue $950 2. The purchase of store supplies on account for $1,540 was recorded as a debit to Supplies $1,150 and a credit to Accounts Payable $1,150. Prepare the correcting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation 1. Debit Credit 2. Click if you would like to Show Work for this question: Open Show Work
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