What is the journal entry to adjust, Accounting Basics

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What is the journal entry to adjust

In comparing the canceled checks on the bank statement with the entries in the accounting records, it is found that check number 2889 for December's utilities was correctly written and drawn for $260 but was erroneously entered in the accounting records as $602. What is the journal entry to adjust the books for the bank reconciliation?

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Accounting Basics: What is the journal entry to adjust

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Accounting Basics: What is the journal entry to adjust

Reference No:- TGS0697278

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Equilibrium concentration of hydrogen

Q : Discuss the strategic aspects

Q : What was the value of the inventory on november

Q : Discuss southwestern style meals in a moderate price range

Q : What is the journal entry to adjust

Q : Outstanding accounts receivable at the end

Q : How the effective interest method of accounting for bonds

Q : Explain potential liability issue for nonprofit organization

Q : Differences on a tax return

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the journal entry to adjust

Reference No:- TGS0697278

Recent Questions Asked Accounting Basics

Q : Equilibrium concentration of hydrogen

Q : Discuss the strategic aspects

Q : What was the value of the inventory on november

Q : Discuss southwestern style meals in a moderate price range

Q : What is the journal entry to adjust

Q : Outstanding accounts receivable at the end

Q : How the effective interest method of accounting for bonds

Q : Explain potential liability issue for nonprofit organization

Q : Differences on a tax return

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