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What is the general journal entry to correct the error below? The investment was made on 1 August 2 0 1 8 when 2 0
What is the general journal entry to correct the error below?
The investment was made on August when ordinary shares were purchased in Cacophonix Proprietary Limited.
The accountant of Cacophonix ProprietaryLimited informed the accountant of Fishmonger Traders orally on June that the directors of Cacophonix Proprietary Limited intend to declare dividends of cents per share on August The accountant of Fishmonger Traders recorded the dividend receivable in the general journal
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