Question
XYZ Company for the month of June revealed the following error after the transactions were journalized and posted. A payment for Advertising Expense costing
XYZ Company for the month of June revealed the following error after the transactions were journalized and posted. A payment for Advertising Expense costing $260 was debited to Utilities Expense, $620 and credited to Cash $620. Instructions: prepare the correcting entries for the error.
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
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