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Question 5 Not yet answered Marked out of 200 Flag question Angostura Tanduay calculated that his profit for the year was 565,285 . His Trial

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Question 5 Not yet answered Marked out of 200 Flag question Angostura Tanduay calculated that his profit for the year was 565,285 . His Trial Balance Debit total was $212000 and the credit total was $295000 He then found the following errors: 1. A sale of goods $22000 to Zacapa Bumbu, a trader, was recorded corrected in the sales account but debited twice to Zacapa Bumbu's account. 2. the entry for depreciation $4200 was made correctly in the accumulated depreciation account, and was entered on the wrong side of the depreciation expense account. 3. Stationery bought on credit from imperial Blue for $14300 but recorded it as $31400 in the books The journal entries to correct error at 3. Would be: a. Dr Stationery 17100 Cr Imperial Blue 17100 b. Dr Imperial Blue 17100 Cr Stationery 17100 C. Dr Stationery 14300 Imperial Blue 14300 d. Dr Stationery 31400 Cr Imperial Blue 31400

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