Entries to correct errors The following errors took place in journalizing and posting transactions: ...
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Accounting
Entries to correct errors The following errors took place in journalizing and posting transactions: a Insurance of $ paid for the current year was recorded as a debit to Insurance Expense and a credit to Prepaid Insurance. Note: Prepare the entry to reverse the original entry first. b Withdrawals of $ by Nicole Crenshaw were recorded as a debit to Wages Expense and a credit to Cash. Journalize the entries to correct the errors. If an amount box does not require an entry, leave it blank. a b 
Entries to correct errors
The following errors took place in journalizing and posting transactions:
a Insurance of $ paid for the current year was recorded as a debit to Insurance Expense and a credit to Prepaid Insurance. Note: Prepare the entry to reverse the original entry first.
b Withdrawals of $ by Nicole Crenshaw were recorded as a debit to Wages Expense and a credit to Cash.
Journalize the entries to correct the errors. If an amount box does not require an entry, leave it blank.
a
b
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