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Finding and Correcting Errors On May 25, after the transactions had been posted, Joe Adams discovered that the following entry contains an error. The cash

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Finding and Correcting Errors On May 25, after the transactions had been posted, Joe Adams discovered that the following entry contains an error. The cash received represents a collection on account, rather than new service fees. 20- May 23 Cash 101 1,000.00 401 1,000.00 Service Fees Received cash for services previously earned Correct the error in the general journal using a correcting entry. Page: 1 DATE ACCOUNT TITLE DOC. POST NO. REF. DEBIT CREDIT 1 May 25 1 2 2 3 To correct entry of May 23

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