Correcting entries Instructions Chart of Accounts Journal 1 Instructions On March 1, it was discovered that the following errors took place in maizing and posting transactions: a. The receipt of $3,400 for services rendered was recorded as a debit to Accounts Receivable and a gredito Fees Eamed. b. The purchase of supplies of $2,600 on account was recorded as a debit to Office Equipment and a credit to Supples, Journaize the entries on March 1 to correct the errors. Use two entries to correct the error described in (0). (That is, record an entry to reverse the incorrect entry and a second entry to record the correct entry) Refer to the Chart of Accounts for exact wording of account titles. Correcting entries Instructions Chart of Accounts Journal Instructions Journal Jouma tro the entries on March 1 to comect the errors. Use two entries to correct the writer described in (b). (That is, record an entry to reverse the incorrect enty and a second entry to record the correct entry) Refer to the Chart of Accounts for exact wording of accounts PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST, REY DET CREDIT ASSETS LIABILITIES EQUITY 1 5 4 Check My Work 3 ore Check My Work uses remaining