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Adjusting Entry from Bank Reconciliation Koosh, a furniture company, made an error in recording a check received from a customer. Last month, Koosh" table for $958. Upon receiving the check from the customer, Koosh entered the check as an increase of cash or Required:

Adjusting Entry from Bank Reconciliation Koosh, a furniture company, made an error in recording a check received from a customer. Last month, Koosh" table for $958. Upon receiving the check from the customer, Koosh entered the check as an increase of cash or Required:

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Adjusting Entry from Bank Reconciliation Koosh, a furniture company, made an error in recording a check received from a customer. Last month, Koosh's customer bought a table for $958. Upon receiving the check from the customer, Koosh entered the check as an increase of cash of $1,168. Required: Record the appropriate journal entry to correct the error. If an amount box does not require an entry, leave it blank.
Transcribed Image Text:Adjusting Entry from Bank Reconciliation Koosh, a furniture company, made an error in recording a check received from a customer. Last month, Koosh's customer bought a table for $958. Upon receiving the check from the customer, Koosh entered the check as an increase of cash of $1,168. Required: Record the appropriate journal entry to correct the error. If an amount box does not require an entry, leave it blank.
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