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Exercise 4-13 Patel Company has an inexperienced accountant. During the first 2 weeks on the job, the accountant made the following errors in journalizing tra
Exercise 4-13 Patel Company has an inexperienced accountant. During the first 2 weeks on the job, the accountant made the following errors in journalizing tra 1. A payment on account of $670 to a creditor was debited to Accounts Payable $310 and credited to Cash $310. 2. The purchase of supplies on account for $900 was debited to Equipment $90 and credited to Accounts Payable s90. 3. A $800 withdrawal of cash for N. Patel's personal use was debited to Salaries and Wages Expense $800 and credited to Cash $800. Prepare the correcting entries. (Credit account titles are automatcally indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation 1. Debit Credit 2. 3
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