Accounting 0452 · IGCSE · Correction of errors

Correction of errors — practice question

A computer system bought from Ace Computers for $1430$ was mistakenly entered as $1340$ and posted to the stationery account rather than the office equipment account. Which journal entry is needed to correct this mistake?

    Worked solution & mark scheme

    This 1-mark question has a full step-by-step worked solution and mark scheme.

    • Full mark scheme, point by point
    • Step-by-step worked solution
    • Write your answer & get it marked instantly by AI