At Oriole Company, the following errors were discovered after the transactions had been journalized and...
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Accounting
At Oriole Company, the following errors were discovered after the transactions had been journalized and posted. 1. A collection on account from a customer for $ 980 was recorded as a debit to Cash $ 980 and a credit to Service Revenue $ 980. 2 The purchase of store supplies on account for $1,650 was recorded as a debit to Supplies $ 1.560 and a credit to Accounts Payable $ 1.560
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