During the audit of the accounts of Hogarth Ltd for the year ended 31 December 2016, it was discovered that the following errors had been made during the year:

1. Store fixtures that had cost $12 000 were sold for $ 1200 cash. The accumulated depreciation at the date of sale was $8500. The sale was recorded by a debit to cash at bank and a credit to store fixtures for $1200.

2. On 1 July 2016, a fence was erected around the company's office building at a cost of $9000. This was charged to maintenance expense. The fence is expected to have a useful life of 10 years and no residual value. Assume straight-line depreciation.

3. A truck was purchased on 1 January 2016 at a cost of $10 000. This was debited to the purchases account. The truck is expected to have a useful life of four years and a residual value of $1296. It is to be depreciated by the reducing balance method (use 40 percent).

4. Another block of land, which was purchased for $20 000 in 2005 and revalued at $25 000 during 2014, was found to have a fair value of only $15 000 at 31 December 2016. No entry has been made yet to record the fall in the value of this land.

Prepare general journal entries to correct the above errors, together with any necessary adjusting entries as at 31 December 2016.