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CHAPTER 3 Adjusting of the following incorrect entries, jounalize the appropriate correctin purchase of office supplies on credit for $L,800 was recorded correcting entries LOS
CHAPTER 3 Adjusting of the following incorrect entries, jounalize the appropriate correctin purchase of office supplies on credit for $L,800 was recorded correcting entries LOS "Exercise 3-19 Journalizing For each of the following as: Office Supplies 1,800 recorded as: b. A credit customer paid her account in full: $4,500 This was 4500 Cash 4.500 Revenue eThe owner withdrew cash of $1,500. This was recorded as: Salaries Expense 1.500 d. Work was performed for a customer today and cash of $750 was received. This was recorded as 750 Accounts Receivable 750 Analysis Component: I the error in (b) is not corrected, what is the effect on the income statement and balance sheet
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