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PLEASE SOLVE ASAP On December 27, 2019, the bookkeeper for Skips Company discovered an error in the journal entries. On December 3, office furniture was
PLEASE SOLVE ASAP
On December 27, 2019, the bookkeeper for Skips Company discovered an error in the journal entries. On December 3, office furniture was purchased on account for $1,670, however it was recorded in the journals and ledgers for $16,700. Required Prepare the entries to correct this error. Reverse the incorrect entry first. Do not enter dollar signs or commas in the input boxes. Date Account Title and Explanation Debit Credit 2019 Dec 27 To reverse the incorrect entry Dec 27 To record correct amount for office furniture On December 14, 2019, the bookkeeper for Anne Company discovered an error in the journal entries. On December 4, an entry was made for the cash purchase of prepaid rent for $880 that incorrectly debited computers. Required Prepare the entries to correct this error. Reverse the incorrect entry first. Do not enter dollar signs or commas in the input boxes. Date Account Title and Explanation Debit Credit 2019 Dec 14 To reverse the incorrect entry Dec 14 To record purchase of prepaid rentStep by Step Solution
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