On June 10, 2019, an employee of Williams Corporation mistakenly debited Telephone Expense rather than Utilities Expense when recording a bill of $2,000 for the May utility service. The error was discovered on June 30. Prepare a general journal entry to correct the error.

The correct journal entry is the following

Utilities Expenses $ 2000

                                             Telephone Expenses  $ 2000

Explanation:

The correct rectification to be made on 30 june is to debit tje utilities expenses and to credit the telephone expenses.

As the telephone expenses were debited wrongly, to rectifiy this you have to credit the same and actual expenses debited as utilities expenses.

The journal entry has to be made on June 30 because it was the day that the error was discovered.

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