As Mel was doing his Year-End accounting, he noticed that the bookkeeper had made errors in recording several transactions. The erroneous transactions are as follows:

(a) A check for $700 was issued for goods perviously purchased on account. The bookkeeper debited accounts receivable and credited cash for $700.

(b) A check for $180 was received as payment on account. The bookkeeper debited accounts payable for $810 and credited accounts receivable for $810.

(c) When making the entry to record the year's depreciation expense, the bookkeeper debited accumulated depreciation-equipment for $1,000 and credited cash for $1,000.

(d) When accusing interest on a note payable, the bookkeeper debited interest receivable for $200 and credited interest payable for $200.

No. Account Titles and Explanation

Debit Credit