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LO 4.4) Prob.4. Corrections of book errors. For each of the following, determine the journal entry necessary to correct the book error. LO 4.4)
LO 4.4) Prob.4. Corrections of book errors. For each of the following, determine the journal entry necessary to correct the book error. LO 4.4) Prob.4.a. A payment of $82 on accounts payable was recorded as a $28 credit in the Cash ledger account. DR. CR. LO 4.4) Prob.4.b. A payment of $28 on accounts payable was recorded as an $82 credit in the Cash ledger account. DR. CR. LO 4.4) Prob.4.c. A collection of $82 on accounts receivable was recorded as a $28 debit in the Cash ledger account. DR. CR. LO 4.4) Prob.4.d. A collection of $28 on accounts receivable was recorded as an $82 debit in the Cash ledger account. DR. CR. LO 4.4) Prob.4.e. A payment of $280 on accounts payable was recorded as a $28 credit in the Cash ledger account. DR. CR. LO 4.4) Prob.4.f. A payment of $820 on accounts payable was recorded as an $82 credit in the Cash ledger account. DR. CR. LO 4.4) Prob.4.g. A collection of $280 on accounts receivable was recorded as a $28 debit in the Cash ledger account. DR. CR. LO 4.4) Prob.4.h. A collection of $820 on accounts receivable was recorded as an $82 debit in the Cash ledger account. DR. CR.
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