$2.2 Show the journal entries necessary to correct the following errors: a) A sale of goods £412 to T More had been entered in T Mone's account. b) The purchase of a machine on credit from J Frank for £619 had been completely omitted from our books. ) The purchase of a computer for £550 had been entered in error in the Office Expenses account. d) A sale of £120 to B Wood had been entered in the books, both debit and credit, as £102. e) Commission received £164 had been entered in error in the Sales account. f) A receipt of cash from T Blair f68 had been entered on the credit side of the cash book and the debit side of T Blair's account. g) A purchase of goods £372 had been entered in error on the debit side of the Drawings account. h) Discounts Allowed £48 had been entered in error on the debit side of the Discounts Received account
$2.2 Show the journal entries necessary to correct the following errors: a) A sale of goods £412 to T More had been entered in T Mone's account. b) The purchase of a machine on credit from J Frank for £619 had been completely omitted from our books. ) The purchase of a computer for £550 had been entered in error in the Office Expenses account. d) A sale of £120 to B Wood had been entered in the books, both debit and credit, as £102. e) Commission received £164 had been entered in error in the Sales account. f) A receipt of cash from T Blair f68 had been entered on the credit side of the cash book and the debit side of T Blair's account. g) A purchase of goods £372 had been entered in error on the debit side of the Drawings account. h) Discounts Allowed £48 had been entered in error on the debit side of the Discounts Received account
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter4: Posting To A General Ledger
Section: Chapter Questions
Problem 3AP
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