2. Bkash Corp. hired a new accountant and the following errors were observed: (a) Rent Received $430 have been credited to the Commissions Received account. (b) Bank charges $34 have been debited to the Business Rates account. (c) Completely omitted from the books is a payment of Motor Expenses by cheque $37. (d) A purchase of a fax machine $242 has been entered in the Purchases account. (e) Sales return $216 has been entered on the debit side of the purchase return account. (f) Loan interest of $400 has been debited to the Van account. (g) Cash taken for own use $84 has been credited to Drawings and debited to cash account.

Instructions Prepare the journal entry required to correct the errors in the above transactions.