Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

On August 9, it was determined that there was actually 3800 TL as cash in hand. The debit balance of cash in hand is 12300

  1. On August 9, it was determined that there was actually 3800 TL as cash in hand. The debit balance of cash in hand is 12300 and the credit balance is 8300 TL.
  1. Suppose the reason wasnt found on the same day and Show the journal entries.
  2. on August 11 it is noticed that 200 TL receiving from the buyers was not recorded in the journal entries.
  3. all searching efforts failed at the end of the day. The reason wasnt found. at the end of the day. The firm decided to write a profit..

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting Tools For Business Decision Making

Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell

9th Edition

111970958X, 9781119709589

More Books

Students also viewed these Accounting questions

Question

=+f) What is the average size of the error standard deviation?

Answered: 1 week ago