Question
Let's assume that the business inadvertently recorded a check issued to $950 in the amount of $590. The error was discovered when the bank reconciliation
Let's assume that the business inadvertently recorded a check issued to $950 in the amount of $590. The error was discovered when the bank reconciliation was prepared. Please provide the journal entry to correct this error.
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
978-0078025914
