Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. at oriole company, the following errors were disco

At Oriole Company, the following errors were discovered after the transactions had been journalized and...

60.1K

Verified Solution

Question

Accounting

image
At Oriole Company, the following errors were discovered after the transactions had been journalized and posted. 1. A collection on account from a customer for $ 980 was recorded as a debit to Cash $ 980 and a credit to Service Revenue $ 980. 2 The purchase of store supplies on account for $1,650 was recorded as a debit to Supplies $ 1.560 and a credit to Accounts Payable $ 1.560

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Calculus
1.2K views

Differentiate the function h x h x n x x 2

Chemistry
1.2K views

Discuss the way in which the addition of a polymer can modify the stability of a...

Physics
1.2K views

23 In the situation shown the currents through 3 22 and 2 2 resistances are...

Geometry
1.2K views

Convert the measurement to the nearest hundredth .59 feet per second = _ miles per...

Basic Math
1.2K views

Jason deposits $10,000 into an account paying ____9__(a number between 1.0% and 9.9%, rounded to...

Calculus
1.2K views

p x x 4 sin x s x sin x cos x sin x v...

Accounting
1.2K views

prepare a cash flow statment 4 Event No. Transaction 1...

Accounting
1.2K views

Please answer a and b! Graded Homework: Unit 8 Lean Accounting Processes 1 Hydra...

Accounting
1.2K views

identify the principle(s) of internal control that is violated. Recommend what the business should do...

Accounting
1.2K views

PLEASE HELP!!! ...

Accounting
1.2K views

Qu de lo siguiente NO se considera prctica ante el IRS segn la circular 230?...

Accounting
1.2K views

Current Attempt in Progress The administrators of Crawford County's Memorial Hospital are interested in identifying...