會計︰Journal entries請幫幫忙回答,ths!!

[匿名]

2009-04-26 12:59 am

At 31 December Year 5, Peter Ng prepared a Trial Balance but it did not balance. After investigation he found the following errors:
(a) The payment by cheque of an invole for £465 for motor vehicle repairs had been recorded correctly in the Cash Book but had been debited to Motor Vehicles Account.

(b) The Total of the discount column on the credit side of the Cash Book, £63, had been posted to the debit of Discount Received Account.

(c) Rent receivable of £650 for the month of November had been correctly in the Cash Book but was posted to the credit of Rent Payable Account.

Prepare Journal entries,with narrations:
to correct, at 31 December Year 5, the errors stated in (a),(b) and (c).

回答 (1)

用戶2576

2009-04-26 3:32 am

✔ 最佳答案

(a) Dr. Repairs Cr. Motor Vehicles Account, being motor vehicle repairs wrongly capitalised to Motor Vehicles Account now reversed.
(b) You had a difference in the total of the debits and credits by 126 due to the credit entry wrongly posted to the debit side of the Discount Received Account. You just posted it back to the credit side of the Discount Received Account. The T/B will then be balanced.
(c) Dr. Rent Payable Cr. Rental Income, being rent receivable for the Month of November wrongly credited to Rent Payable Account now adjusted back to Rental Income Account.

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