32.3A Show the journal entries needed to correct the following errors: (a) Purchases £1,410 on credit from A Ray had been entered in B Roy's account. (b) A cheque of £94 paid for printing had been entered in the cash column of the cash book instead of in the bank column. (c) Sale of goods £734 on credit to D Rolls had been entered in error in D Rollo's account. (d) Purchase of goods on credit L Hand £819 entered in the correct accounts in error as £891. (e) Cash paid to G Boyd £64 entered on the debit side of the cash book and the credit side of G Boyd's account. (f) A sale of fittings £320 had been entered in the Sales account. (g) Cash withdrawn from bank £200 had been entered in the cash column on the credit side of the cash book, and in the bank column on the debit side. (h) Purchase of goods £1,182 has been entered in error in the Furnishings account.
32.3A Show the journal entries needed to correct the following errors: (a) Purchases £1,410 on credit from A Ray had been entered in B Roy's account. (b) A cheque of £94 paid for printing had been entered in the cash column of the cash book instead of in the bank column. (c) Sale of goods £734 on credit to D Rolls had been entered in error in D Rollo's account. (d) Purchase of goods on credit L Hand £819 entered in the correct accounts in error as £891. (e) Cash paid to G Boyd £64 entered on the debit side of the cash book and the credit side of G Boyd's account. (f) A sale of fittings £320 had been entered in the Sales account. (g) Cash withdrawn from bank £200 had been entered in the cash column on the credit side of the cash book, and in the bank column on the debit side. (h) Purchase of goods £1,182 has been entered in error in the Furnishings account.
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter10: Cash Receipts And Cash Payments
Section: Chapter Questions
Problem 4DQ: In a cash receipts journal, both the Accounts Receivable Credit column and the Cash Debit column...
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 1 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub