Business
Business, 08.07.2021 16:00, Kjkaiman9034

Assuming that all entries have been posted, prepare correcting entries for each of the following errors. a. The following entry was made to record the purchase of $774 in supplies on account:

Supplies 142 774
Cash 101 774

b. The following entry was made to record the payment of $475 in wages:

Rent Expense 521 475
Cash 101 475

c. The following entry was made to record a $396 payment to a supplier on account:

Supplies 142 196
Cash 101 196

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Answers: 2

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