ALEKS Gritfin Douglas Question 3 ward Company has employed a

ALEKS Gritfin Douglas Question #3 ward Company has employed a bookeeper who is inexperienced. On December 30, after reviewing the records for the year, you discover the folowing error On June 1, Ward Company paid a supplior $500 on account. The bookkeeper recorded this by dobiting Cash for $500 and crediting Accounts Payable for $500. Required: Prepare a correcting entry on December 30. Make sure to enter the day for each separate transaction. Neat I dan\'t know MacBook Pr 5 6 7 8

Solution

30-Dec Accounts Payable 1000           Cash 1000 Correcting entry