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FIND THE ERRORS AND PUT THE ADJUSTMENTS IN THE TEXT RESPONSE OF THIS ASSIGNMENT EXAMPLE: THE AVAILABLE CREDIT SAYS: ____________________ THE ACTUAL AMOUNT OF AVAILABLE CREDIT IS:___

FIND THE ERRORS AND PUT THE ADJUSTMENTS IN THE TEXT RESPONSE OF THIS ASSIGNMENT EXAMPLE: THE AVAILABLE CREDIT SAYS: ____________________ THE ACTUAL AMOUNT OF AVAILABLE CREDIT IS:___

College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter7: Accounting For Cash
Section: Chapter Questions
Problem 1CE: Match the following words with their definitions by entering the correct number in the spaces below....
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    • FIND THE ERRORS AND PUT THE ADJUSTMENTS IN THE TEXT RESPONSE OF THIS ASSIGNMENT
  • EXAMPLE:
    • THE AVAILABLE CREDIT SAYS: ____________________
    • THE ACTUAL AMOUNT OF AVAILABLE CREDIT IS:_____________________
Credit Card Statement CLAIRE recorded the following credit card transactions. See if the credit card statement below matches the transacations that CLAIRE recorded. What would a correct statement look like? Correct the statement if necessary. Beginning balance was $1,000.00. Name CLAIRE Credit Line $11,000.00 Previous Balance $1,000.00 TRANSACTION NUMBER 56 57 58 59 60 61 62 63 64 PAYMENTS MAR 2 PURCHASES MAR 5 MAR 8 MAR 9 MAR 12 MAR 16 MAR 19 MAR 23 MAR 25 MAR 26 Payment Riley's Candies Mackenzie's Jewelery Brianna's Gas and Electric Jordan's Clothing Store Noah's Candies Elijah's Travel Agency Emma's Candles Chloe's Restaurant Mackenzie's Toys and Gifts DATE MAR 2 MAR 5 MAR B MAR 9 MAR 12 MAR 16 MAR 19 MAR 23 MAR 25 MAR 26 Account Number 1270 9864 1675 8895 Available Credit $10.433.67 Purchases $530,18 Payment Riley's Candies Mackenzie's Jewelery Brianna's Gas and Electric Jordan's Clothing Store Noah's Candies Elijah's Travel Agency Emma's Candies Chloe's Restaurant Mackenzie's Toys and Gifts Money Instructor Bank CREDIT CARD STATEMENT Statement Date APR 28 New Balance $530,18 Payments $1.000.00 DESCRIPTION $1,000.00 $165.83 $138.63 $21.81 $150.28 $16.23 $6.63 $37.66 $22.53 $6.73 Payment Due Date MAY 10 Minimum Payment Due $50.00 Finance Charge $0.00 AMOUNT 1,000.00 165.83 138.63 21.81 150.28 16.23 6.63 3.72 22.53 6.52
Transcribed Image Text:Credit Card Statement CLAIRE recorded the following credit card transactions. See if the credit card statement below matches the transacations that CLAIRE recorded. What would a correct statement look like? Correct the statement if necessary. Beginning balance was $1,000.00. Name CLAIRE Credit Line $11,000.00 Previous Balance $1,000.00 TRANSACTION NUMBER 56 57 58 59 60 61 62 63 64 PAYMENTS MAR 2 PURCHASES MAR 5 MAR 8 MAR 9 MAR 12 MAR 16 MAR 19 MAR 23 MAR 25 MAR 26 Payment Riley's Candies Mackenzie's Jewelery Brianna's Gas and Electric Jordan's Clothing Store Noah's Candies Elijah's Travel Agency Emma's Candles Chloe's Restaurant Mackenzie's Toys and Gifts DATE MAR 2 MAR 5 MAR B MAR 9 MAR 12 MAR 16 MAR 19 MAR 23 MAR 25 MAR 26 Account Number 1270 9864 1675 8895 Available Credit $10.433.67 Purchases $530,18 Payment Riley's Candies Mackenzie's Jewelery Brianna's Gas and Electric Jordan's Clothing Store Noah's Candies Elijah's Travel Agency Emma's Candies Chloe's Restaurant Mackenzie's Toys and Gifts Money Instructor Bank CREDIT CARD STATEMENT Statement Date APR 28 New Balance $530,18 Payments $1.000.00 DESCRIPTION $1,000.00 $165.83 $138.63 $21.81 $150.28 $16.23 $6.63 $37.66 $22.53 $6.73 Payment Due Date MAY 10 Minimum Payment Due $50.00 Finance Charge $0.00 AMOUNT 1,000.00 165.83 138.63 21.81 150.28 16.23 6.63 3.72 22.53 6.52
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