Show the journal entries needed to correct the following errors: (a) Purchases 699 on credit from K

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Show the journal entries needed to correct the following errors:

(a) Purchases £699 on credit from K Ward had been entered in H Wood's account.

(6) A cheque of £189 paid for advertisements had been entered in the cash column of the cash book instead of in the bank column.

(c) Sale of goods £443 on credit to B Gordon had been entered in error in B Gorton’s account.

(d) Purchase of goods on credit K Isaacs £89 entered in two places in error as £99.

(e) Cash paid to H Moore £89 entered on the debit side of the cash book and the credit side of H Moore’s account.

(f) Asale of fittings £500 had been entered in the Sales account.

(g) Cash withdrawn from bank £100 had been entered in the cash column on the credit side of the cash book, and in the bank column on the debit side.

(h) Purchase of goods £428 has been entered in error in the Fittings account.

 

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Frank Woods Business Accounting

ISBN: 9780273655527

9th Edition

Authors: Frank Wood, Alan Sangster

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