1 Give the journal entries needed to record the corrections of the following. Narratives are not required. ( a ) Extra capital of £5,000 paid into the bank had been credited to Sales account. ( b )...



1

Give the journal entries needed to record the corrections of the following. Narratives are



not required.



(a) Extra capital of £5,000 paid into the bank had been credited to Sales account.



(b) Goods taken for own use £72 had been debited to Sundry Expenses.



(c) Private rent £191 had been debited to the Rent account.



(d) A purchase of goods from D Pine £246 had been entered in the books as £426.



(e) Cash banked £410 had been credited to the bank column and debited to the cash column in



the cash book.



(f
) Cash drawings of £120 had been credited to the bank column of the cash book.



(g) Returns inwards £195 from G Will had been entered in error in T Young’s account.



(h) A sale of a printer for £100 had been credited to Office Expenses.








May 06, 2022
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