An Inexperienced Accountant Made the Following Entries

question 104

Essay

An inexperienced accountant made the following entries. In each case, the explanation to the entry is correct.

Instructions
Prepare the correcting entries.

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Definitions:

Motel

A roadside hotel designed primarily for motorists, typically having the rooms arranged in a low building with parking directly outside.

Lightning

A natural phenomenon involving a sudden electrostatic discharge during a storm, resulting in a bright flash and typically thunder.

Liable

Legally responsible or obligated to compensate for harm or damages caused.

Garage

A building or indoor area designed for the storage and maintenance of vehicles.