Question: Finding and correcting errors in accounting records Paul Coty has completed the September monthly work sheet for his business, LeafyLift. The work sheet and general ledger accounts are given in the Working Papers. Mr. Coty believes that he has made one or more errors in preparing the work sheet. He asks you to help him verify the work sheet. Your instructor will guide you through the following examples.
1. Examine the work sheet and the general ledger accounts. Make a list of the errors you find.
2. Correct any errors you find in the general ledger accounts.
3. Prepare a corrected work sheet.