• •DEF Ltd found that an extra capital of $18,000 paid into the bank had been credited to Sales.
  •Goods taken for own use worth $1,850 had been debited to General Expenses.
  •Private insurance of $140 had been debited to the Insurance account.
  •A purchase of goods from T. Parker for $1,010 was entered in the books as $910.
  •Cash banked of $590 was credited to the bank column and debited to the cash column in the cash book.
  •Cash drawings of $770 had been credited to the bank column of the cash book.
  •Returns inwards of $390 from R. Martin had been entered in error in N. Thompson’s account.
  •A sale of equipment for $3,300 had been credited to Motor Expenses.
  Requirement: Write the correcting journal entries and describe the impact on the owner's equity.