The following errors in recording the transactions for December were discovered in the general journal the next month after the data had been posted to the ledger
Dec. 5 Discovered that a purchase of office equipment for $1,100 cash was recorded as a debit to Shop Equipment and a credit to Cash
10 Discovered that a check for $2,700 to the owner, Hank Rudolph, to pay one month's utilities on his personal apartment was recorded as a debit to Utilities Expense and a credit to Cash. performed was recorded as a debit to Cash and a credit to Accounts Receivable. and a credit to Prepaid Rent.
15 Discovered that a receipt of $30,500 cash from a customer for services
20 Discovered that $3,150 for this month's rent was recorded as a debit to Cash
Record the necessary correcting entries.
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The following errors in recording the transactions for December were discovered in the general journal the next month after the data had ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » The following errors in recording the transactions for December were discovered in the general journal the next month after the data had been posted to the ledger Dec.