Transaction	Error	Correction Needed
Extra capital of $19,000	Credited to Sales	Should be credited to Capital
Goods for own use $2,100	Debited to General Expenses	Should be debited to Drawings
Private insurance $135	Debited to Insurance	Should be debited to Drawings
Purchase from D. White $1,050	Entered as $950	Should be corrected to $1,050
Cash banked $820	Credited to bank column, debited to cash column	Should be corrected to bank column
Cash drawings $1,000	Credited to bank column	Should be debited to Drawings
Returns inwards $400 from M. Johnson	Entered in error in J. Wilson’s account	Should be corrected to M. Johnson account
Sale of equipment $3,900	Credited to Office Expenses	Should be credited to Sales
Requirement: Record the journal entries to correct these errors and assess the impact on the current liabilities.