An $1,000 check written for supplies was journalized and posted as $200.The entry to correct this error is:
A)debit Supplies,$800;credit Cash,$800.
B)debit Cash,$800;credit Supplies,$800.
C)debit Supplies,$200;credit Cash,$200.
D)debit Cash,$200;credit Cash,$200.

Question

Quizplus · Accepted Answer

The error was that only $200 was recorded instead of $1,000. To correct this, an additional $800 should be debited to Supplies and credited to Cash.

An $1,000 Check Written for Supplies Was Journalized and Posted