Question
General Ledger Gems Unique Cash at bank Date Ref Debit Credit Balance 2020 March 1 Balance 2657 1 750 3407 3 Cheque #100 625 2782
General Ledger Gems Unique
Cash at bank
| Date | Ref | Debit | Credit | Balance | |
| 2020 | |||||
| March 1 | Balance | 2657 | |||
| 1 | 750 | 3407 | |||
| 3 | Cheque #100 | 625 | 2782 | ||
| 3 | Cheque # 101 | 95 | 2687 | ||
| 8 | Cheque # 102 | 56 | 2631 | ||
| 9 | 1050 | 3681 | |||
| 13 | Cheque # 103 | 425 | 3256 | ||
| 20 | 155 | 3411 | |||
| 28 | Cheque # 104 | 247 | 3164 | ||
| 31 | 110 | 3274 |
Additional Information:
All cheques were correctly posted by Kamala for the month. The sales revenue deposit made on March 20th was for $125. Kamala made an error in recording these transactions in the books
What is the adjusted journal entry for March 20th?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Statistical Audit Automation Applying Computer Assisted Audit Techniques
Authors: Edward J. Winslow
1st Edition
1973281015, 978-1973281016
