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Recording a correcting entry on June 10 2019 an employee of William corporation mistakenly debited telephone...

Recording a correcting entry on June 10 2019 an employee of William corporation mistakenly debited telephone expense rather than utilities expense when recording a bill of $2000 for the May utility service the error was discovered on June 30 prepare a general journal entry to correct the error

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Expert Solution

Correcting entry

Date account and explanation debit credit
June 30 Utilities expense 2000
Telephone expense 2000
(To record correcting entries)

ekkarill92 answered 2 years ago
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