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Your answer is partially correct. Try again anson Company has an inexperienced accountant. During the first month on the job, the accountant made the following
Your answer is partially correct. Try again anson Company has an inexperienced accountant. During the first month on the job, the accountant made the following errors in journalizing transactions. All entries were posted as made. The purchase of supplies for $650 cash was debited to Equipment $210 and cre dited to Cash $210. A $500 withdrawal of cash for B. Hanson's personal use was debited to Salaries and Wages Expense $900 and credited 1. Cash $900. . creditor was debited to Accounts Payable $280 and credited to Cash $280 A payment on account of $820 to repare the correcting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Credit No. Account Titles and Explanation Debit 1. Supplies 650 210 Equipment Cash 440 2. Owner's Drawings x x 3. Accounts Payable 540 Cash 540
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