Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Write journals to correct the following errors. These errors are not suspense account errors. 2,950 sales invoice posted to the credit customer, D. Browns account

Write journals to correct the following errors. These errors are not suspense account errors.

  1. 2,950 sales invoice posted to the credit customer, D. Browns account should have been posted to the credit customer, D. Blacks account.
  2. 2,300 stationery paid for in cash was debited to the cash account and credited to the stationery account.
  3. 9,100 paid for equipment by cheque was debited to purchases.
  4. A

    Record the correction of 2,950 posted to D. Browns in error which should have been D. Black.

  5. B

    Record the correction of stationery cash purchases (2,300) posted to the incorrect side of both accounts.

  6. C

    Record the correction of equipment purchases incorrectly posted to purchases.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

delineate the relationship between recruitment and retention

Answered: 1 week ago

Question

What other requirements do they have for admission?

Answered: 1 week ago