Fix the following journal entries by šhowing the account and the debit and credit - A \$500 purchase of store supplies for cash was recorded and posted as a purchase of office supplies for cash. - A $6,000 credit purchase of store supplies was recorded and posted as a cash purchase. - The owner of the business, Ray Lane, used a company check to pay a personal utility bill of $400. The payment had been recorded and posted as a debit to Utilities Expense. - A $150 purchase of equipment on credit was recorded and posted as $1,500 in both accounts affected. - A collection of $60 from credit customers was recorded and posted as a debit to the Cash account and a credit to the Fees Earned account.
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