(Solution) - Journalize the entries to correct the errors Omit explanations -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Paper Details

Journalize the entries to correct the errors. Omit explanations.
The following errors took place in journalizing and posting transactions:
a. The purchase of supplies of $2,690 on account was recorded as a debit to Office Equipment and a credit to Supplies.
b. The receipt of $3,750 for services rendered was recorded as a debit to Accounts Receivable and a credit to Fees Earned.
Journalize the entries to correct the errors. Omit explanations.