For each of the following incorrect entries. Entry Description Debit Credit a. Office Supplies 1,800 Cash 1,800 (Purchase of office supplies on credit.) b. Cash 4,500 Revenue 4,500 (Received from customer. A credit customer paid their account in full) Salaries Expense 1,500 C. Cash 1,500 (Withdrawal of cash for personal use.) d. Cash 750 Accounts Receivable (Performed services and received payment from customer on the same day.) 750

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Journal the following entries.

Journal entry worksheet
1 2
3
4
>
Record the correct entry.
Note: Enter debits before credits.
Transaction
General Journal
Debit
Credit
а.
Record entry
Clear entry
View general journal
Transcribed Image Text:Journal entry worksheet 1 2 3 4 > Record the correct entry. Note: Enter debits before credits. Transaction General Journal Debit Credit а. Record entry Clear entry View general journal
For each of the following incorrect entries.
Entry
Description
Debit
Credit
Office Supplies
1,800
а.
Cash
1,800
(Purchase of office supplies on credit.)
b.
Cash
4,500
Revenue
4,500
(Received from customer. A credit customer paid their account in
full)
Salaries Expense
1,500
C.
Cash
1,500
(Withdrawal of cash for personal use.)
d.
Cash
750
Accounts Receivable
750
(Performed services and received payment from customer on the same
day.)
Transcribed Image Text:For each of the following incorrect entries. Entry Description Debit Credit Office Supplies 1,800 а. Cash 1,800 (Purchase of office supplies on credit.) b. Cash 4,500 Revenue 4,500 (Received from customer. A credit customer paid their account in full) Salaries Expense 1,500 C. Cash 1,500 (Withdrawal of cash for personal use.) d. Cash 750 Accounts Receivable 750 (Performed services and received payment from customer on the same day.)
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