Angostura Tanduay calculated that his profit for the year was $65,285. His Trial Balance Debit...
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Angostura Tanduay calculated that his profit for the year was $65,285. His Trial Balance Debit total was \$212000 and the credit total was \$295000 He then found the following errors: 1. A sale of goods $22000 to Zacapa Bumbu, a trader, was recorded corrected in the sales account but debited twice to Zacapa Bumbu's account. 2. the entry for depreciation $4.200 was made correctly in the accumulated depreciation account, and was entered on the wrong side of the depreciation expense account. 3. Stationery bought on credit from Imperial Blue for $14300 but recorded it as $31400 in the books When he corrects the errors, what is his revised profit for the year? \$
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