4-4 APPLICATION PROBLEM Journalizing correcting entries The following errors were discovered after the incorrect entries were already journalized and posted Transactions: Apr. 1. Discovered that a transaction for utilities expense was journalized and posted in error as a debit to Repairs Expense instead of Utilities Expense, $265.00. M66 5. Discovered that a cash investment by Manuel Ricardo, owner, was journalized and posted in error as a credit to Sales instead of Manuel Ricardo, Capital, $600.00. M67. Instructions: Journalize each correcting entry discovered during April of the current year. Use page 7 of the journal given below. Chapter 4-4 Application Problem Attempts: Score: /10 Click here to view the instructions in a separate window. 1. Application Problem 4-4 Aa Aa Page 7 JOURNAL Pst. Ref. Doc. General Sales Cash Date Account Title No. Debit Credit Credit Debit Credit