Unformatted text preview: More Info . Mary recorded a $650 payment of rent by debiting Rent expense for $65 and crediting Cash for $65.
. In recording a $500 payment on account, Mary debited Accounts Receivable and credited Cash. . Mary recorded the receipt of cash for service revenue by debiting Cash for $310 instead of the correct amount of $130. Mary
also credited Service Revenue for the $310, the incorrect amount. . Mary recorded a $240 purchase of supplies on account by debiting Accounts Payable and crediting Supplies.
. In preparing the trial balance, Mary omitted a $95,000 note payable. ...
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- Spring '08