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the following errors took place in journalizing and posting transactions: a.cash of $4,530 tries to Correct Errors e following errors took place in journalizing and
the following errors took place in journalizing and posting transactions: a.cash of $4,530 tries to Correct Errors e following errors took place in journalizing and pasting transactions: Cash of $4,530 received on account was recorded as a debit to Fees Eamed and a credit to Cash. A $700 purchase of supplies for cash was recorded as a debit to Supplies Expense and a credit to Accounts Payable. Note: Prepare the entry to reverse the original entry first. urnalize the entries to correct the errors. If an amount box does not require an entry, leave it blank. Cash 4,530 Fees Earned Accounts Receivable 4,530 b. Accounts Payable Supplies Expense 4,530 Supplies 4,530 X Cash First determine the debit(s) and credit(s) that should have been recorded. Then make one entry to reverse the incorrect entry and record a second correct entry
the following errors took place in journalizing and posting transactions: a.cash of $4,530
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