6 A company that records credit purchases in a purchases journal and records err

Question

6 A company that records credit purchases in a purchases journal and records errors. Indicate when each error should be discovered 10 points 1. Made an addition error in totaling the Office Supplies column of the purchases ournal. O When preparing the trial balance. () When preparing the schedule of accounts payable O When crossfooting the purchases journal eBook Prina 2 Made an addition error in determining the balance of a creditor's subsidiary account o When preparing the trial balance When preparing the schedule of accounts payable. O When crossfooting the purchases journal. 3. Posted a purchases return to the Accounts Payable account and to the creditor's subsidiary account but did not post the purchases return to the Irventory account @ When preparing the trial balance. When preparing the schedule of accounts payable When crossfooting the purchases journal 4. Correctiy recorded an $8,000 purchase in the purchases journal but posted it to the creditor's subsidiary account as an $800 O When preparing the trial balance O When preparing the schedule of accounts payable When crossfooting the purchases journal.

Explanation / Answer

1. When crossfooting the purchases journal.

2. When preparing the schedule of accounts payable

3. When preparing the trial balance.

4.When preparing the schedule of accounts payable

Related Questions

Navigate

• Browse (All)
• Browse 6
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.