Question
One of the accounts trainees needs your help in correcting some error(s) and omission(s) from the books of James Company. These are as follows: $200
One of the accounts trainees needs your help in correcting some error(s) and omission(s) from the books of James Company. These are as follows: $200 cash received from sale of an old motor vehicle had been entered in the discount received account A cash payment of $250 for rent entered in the cash book had not been entered in the rent account The sales account had been under-cast by $360 A private purchase of a $3 000 motor vehicle had been included in the business motor vehicles account Sale of goods to Ruth Brooks had been correctly entered in the sales account as $2 850 but had been entered in the personal account as $2 580. Correct these errors in the journal on the opposite page with suitable narratives.
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