The company bought devices worth 500 dinars on the account. Knowing that the limitation is: 5000 of furniture account 5,000 to a bank account It is required to make the necessary correction in the shortened way.

The company bought devices worth 500 dinars on the account. Knowing that the limitation is: 5000 of furniture account 5,000 to a bank account It is required to make the necessary correction in the shortened way.

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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Question

The company bought devices worth 500 dinars on
the account.
Knowing that the limitation is:
5000 of furniture account
5,000 to a bank account
It is required to make the necessary correction in
the shortened way.

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