Examine the journal entries

Assignment Help Accounting Basics

Reference no: EM131949445

Question: The following journal entries were prepared by an employee of International Marketing Company who does not have an adequate knowledge of accounting.

(Assume that Office Equipment and Office Supplies were recorded at the correct values.)

Required: Examine the above journal entries carefully and prepare the correcting journal entries.

Analyze: After the correcting journal entries have been posted, what effect do the corrections have on the company's reported assets?

Information related to above question is enclosed below:

Attachment:- 1Capture.rar

Reference no: EM131949445

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