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Current Attempt in Progress During a maternity leave of the full-time bookkeeper, a temporary employee was involved in the following transactions. 1. A payment by
Current Attempt in Progress During a maternity leave of the full-time bookkeeper, a temporary employee was involved in the following transactions. 1. A payment by cheque for $580 to a repair shop for fixing the truck was debited to the Vehicles account and credited to Cash. 2. A deposit for a collection on account of $1,140 was debited to Cash and credited to Service Revenue. 3. A cheque for $430 to pay for advertising expense was recorded as a debit to Rent Expense and a credit to Cash. 4. An invoice to a customer recorded for services rendered in the amount $560 was debited to Service Revenue and credited to Accounts Receivable. 5. A payment of interest on a note payable in the amount of $40 was debited to Notes Payable and credited to cash. No amount had been accrued for this interest. 6. A payment to a supplier, for an earlier purchase on account of $280, was recorded as a debit to Accounts Payable for $28 and a credit to Cash for $28. 7. An additional investment of cash of $3,700, from the owner H. Grant was recorded as a debit to Cash and a credit to H. Grant, Drawings. Correct the errors without reversing the incorrect entry. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit
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