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yes or no ? 7/29 7/30 7/31 Received cash from customers on account, $3,420 Paid wages of employees, $2,500 Paid a dividend $2,000 Required: Journalize
yes or no ?
7/29 7/30 7/31 Received cash from customers on account, $3,420 Paid wages of employees, $2,500 Paid a dividend $2,000 Required: Journalize the above transactions Problem 2 The following errors occurred in posting from the journal: 1. A debit of $1,250 to Supplies was posted twice to Supplies. 2. A debit of $3,575 to Wages Expense was posted as $3,557 3. A credit of $4,175 to Accounts Payable was not posted. 4. A debit of $400 to Accounts Payable was posted as a credit. 5. An entry debiting Accounts Receivable and crediting Service Revenue for $6,000 was not posted. 6. 7. A credit of $350 to Cash was posted as $540 A debit of $1,000 to Cash was posted to Miscellaneous Expense. Considering each case individually (assuming no other errors had occurred), indicate whether the trial balance would be out of balanceStep by Step Solution
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