The bookkeeper for Brockton Industries prepared the following journal entries and posted the entries to the general ledger as indicated in the T accounts presented. Assume that the dollar amounts and the descriptions of the entries are correct.

Required: If you assume that all journal entries have been recorded correctly, use the above information to:
1) Identify the postings to the general ledger that were made incorrectly.
2) Describe how each incorrect posting should have been made.

Question

The bookkeeper for Brockton Industries prepared the following journal entries and posted the entries to the general ledger as indicated in the T accounts presented. Assume that the dollar amounts and the descriptions of the entries are correct.

Required:  If you assume that all journal entries have been recorded correctly, use the above information to:
1)	Identify the postings to the general ledger that were made incorrectly.
2)	Describe how each incorrect posting should have been made.

Quizplus · Accepted Answer

The Answer of The bookkeeper for Brockton Industries prepared the following journal entries and posted the entries to the general ledger as indicated in the T accounts presented. Assume that the dollar amounts and the descriptions of the entries are correct.

Required:  If you assume that all journal entries have been recorded correctly, use the above information to:
1)	Identify the postings to the general ledger that were made incorrectly.
2)	Describe how each incorrect posting should have been made.

The Bookkeeper for Brockton Industries Prepared the Following Journal Entries