Business, 08.07.2021 16:10 calebabaltimore

On May 25, after the transactions had been posted, Adams discovered that the following entry contains an error. The cash received represents a collection on account, rather than new service fees. 20--
May 23 Cash 101 1,270
Service Fees 401 1,270
Received cash for services previously earned
Correct the error in the general journal using the correcting entry method. If an amount box does not require an entry, leave it blank.

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On May 25, after the transactions had been posted, Adams discovered that the following entry contain...

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