roseemariehunter12
roseemariehunter12
12.08.2020 • 
Business

In 2024, the Harwell Company sold land for $105,000 cash, representing a $5,000 loss. No journal entry was recorded in 2024 or 2025. The error was discovered on 1/10/26; the 2025 books are still open. The correcting journal entry will include what entry to 1/1/25 Retained Earnings?

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