Intermediate Accounting, Student Value Edition (2nd Edition)
Intermediate Accounting, Student Value Edition (2nd Edition)
2nd Edition
ISBN: 9780134732145
Author: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Publisher: PEARSON
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Chapter 21, Problem 21.11BE
To determine

To Prepare: The correct entry for the transaction wrongly recorded.

Given Information:

Cost of machine is $200,000.

Machinery is wrong recorded as miscellaneous expense.

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Intermediate Accounting, Student Value Edition (2nd Edition)

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Accounting Changes and Error Analysis: Intermediate Accounting Chapter 22; Author: Finally Learn;https://www.youtube.com/watch?v=c2uQdN53MV4;License: Standard Youtube License