Transaction	Error	Correction Needed
Extra capital of $19,000	Credited to Sales	Should be credited to Capital
Goods for own use $1,350	Debited to General Expenses	Should be debited to Drawings
Private insurance $115	Debited to Insurance	Should be debited to Drawings
Purchase from P. Anderson $740	Entered as $940	Should be corrected to $740
Cash banked $530	Credited to bank column, debited to cash column	Should be corrected to bank column
Cash drawings $620	Credited to bank column	Should be debited to Drawings
Returns inwards $290 from S. Harris	Entered in error in M. Thomas’s account	Should be corrected to S. Harris account
Sale of equipment $1,850	Credited to Office Expenses	Should be credited to Sales
Requirement: Provide the correcting journal entries and evaluate the impact on the statement of comprehensive income.