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On July 24, it was discovered that the tollowing errors took place in joumalzing and posting transactions a. Cash or $8,000 received on account was

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On July 24, it was discovered that the tollowing errors took place in joumalzing and posting transactions a. Cash or $8,000 received on account was recorded as a debitoFees Earned and agede to Cash b. A $1,760 purchase of supplies for cash was recorded as a debit to Supplies Expense and a credit to Accounts Payable Jounalire the entries on July 24 to corect the ewrors. Use two transactions to cornect the evror descnbed in b(That is, record an entry to reverse the incorrect entry and a entry) Refer to the Chart of Accounts for exact wording of account nes

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