On December 12, 2018, an investment costing $86,000 was sold for $112,000. The total of the sale proceeds was credited to the Required: 1. Prepare the journal entry to correct the error assuming it is discovered before the books are adjusted or closed in 2018.0gnore income taxes) 2 Prepare the journal entry to correct the error assuming it is not discovered until early 2019. (Ignore income taxes) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to correct the error assuming it is discovered before the books are adjusted or closed in 2018. Ignore income taxes.) (If no entry is required for a transaction/event, select "No journal entry required" in the first account eld.) Journal entry worksheet Record correction of error Note: Enter debits before credits Record entry Clear entry View general journal ok Required 1 Required 2 Prepare the journal entry to correct the error assuming it is not discovered until early 2019. (Ignore income taxes.) (IF entry is required for a transaction/event, select "No journal entry required in the first account field. View transaction list ces Journal entry worksheet Record correction of error. Note: Enter debits before credits. Debit Record entry Clear entry View general journal Required 1