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Question 1 of 2 View Policies Current Attempt in Progress Sheridan Company has an inexperienced accountant. During the first 2 weeks on the job, the
Question 1 of 2 View Policies Current Attempt in Progress Sheridan Company has an inexperienced accountant. During the first 2 weeks on the job, the accountant made the following errors in journalizing transactions. All entries were posted as made. h A payment on account of $610 to a creditor was debited to Accounts Payable $160 and credited to Cash $160. The purchase of supplies on account for $100 was debited to Equipment $10 and credited to Accounts Payable $10. A $500 withdrawal of cash for N. Sheridan's personal use was debited to Salaries and Wages Expense $500 and credited to Cash $500. 1. 2. -15 13 : 3.
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