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標題:
Error and Suspense Account
發問:
Show the requisite journal entries to correct the errors,(1) A sale of fittings $500 had been entered in the Sales account.(2) $55 received from sales of old office equipment has been entered in the sales account.(3) Bank charges $ 38 entered in the cash book have not been posted to the bank charges... 顯示更多 Show the requisite journal entries to correct the errors, (1) A sale of fittings $500 had been entered in the Sales account. (2) $55 received from sales of old office equipment has been entered in the sales account. (3) Bank charges $ 38 entered in the cash book have not been posted to the bank charges account. (4) A sale of goods to B Cross $6990 was correctly entered in the sales book but entered in the personal account as $960
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其他解答:
Error and Suspense Account
發問:
Show the requisite journal entries to correct the errors,(1) A sale of fittings $500 had been entered in the Sales account.(2) $55 received from sales of old office equipment has been entered in the sales account.(3) Bank charges $ 38 entered in the cash book have not been posted to the bank charges... 顯示更多 Show the requisite journal entries to correct the errors, (1) A sale of fittings $500 had been entered in the Sales account. (2) $55 received from sales of old office equipment has been entered in the sales account. (3) Bank charges $ 38 entered in the cash book have not been posted to the bank charges account. (4) A sale of goods to B Cross $6990 was correctly entered in the sales book but entered in the personal account as $960
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1) Dr Sales $500 Cr Disposal of Fitting $500 The transaction should be recorded in Disposal Account instead of Sales Account because it is the Sales of Fixed asset but not Trading Stock. Original Double Entries: Dr Diposal of Fitting Cr Fitting Dr Cash/ Bank/ Debtors Cr Disposal of Fitting 2) Dr Sales $55 Cr Disoposal of Office equipment $55 Same handling as Q1 Original Double Entries: Dr Diposal of Office Equipment Cr Office Equipment Dr Cash/ Bank/ Debtors Cr Disposal of Equipment 3) Dr Bank Charge $38 Cr Suspense $38 Original Double Entries: Dr Bank Charge $38 Cr Cash/ Bank $38 4) Dr Debtor- B Cross $6,030 Cr Supenses $6,030 Only one side of the entries had been done, so another side of entry should be done. Original Double Entries: Dr Debtor- B Cross $6,990 Cr Supenses $6,990 應該唔止四樣掛...其他解答:
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