Question 1 continued... 30 June Corrected the following error. The bookkeeper had mistakenly recorded the proceeds...

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Question 1 continued... 30 June Corrected the following error. The bookkeeper had mistakenly recorded the proceeds from selling the delivery van on 15 June 20x1 as the business owner's capital contribution. On 15 June 20x1, the bookkeeper debited "Cash at bank" account and credited "Capital" account as much as $20,130. Additional Information: The business bought a delivery van (Account: Vehicle) on 1 February20x1 for $21,120 (GST Inclusive) with cash. The vehicle depreciates at 12.5% per annum. The vehicle is estimated to have a seful life of 8 years with Snil salvage value. Straight-line depreciation method sed for all of the business' depreciating assets. The business sold the vehicle for $20,130 (GST Inclusive) on 15 June 20x1 and received the payment in cash immediately. The accumulated depreciation - vehicle at the date of sale showed balance of $800. Required: Record the transactions provided above in the general journal. Question 1 continued... 30 June Corrected the following error. The bookkeeper had mistakenly recorded the proceeds from selling the delivery van on 15 June 20x1 as the business owner's capital contribution. On 15 June 20x1, the bookkeeper debited "Cash at bank" account and credited "Capital" account as much as $20,130. Additional Information: The business bought a delivery van (Account: Vehicle) on 1 February20x1 for $21,120 (GST Inclusive) with cash. The vehicle depreciates at 12.5% per annum. The vehicle is estimated to have a seful life of 8 years with Snil salvage value. Straight-line depreciation method sed for all of the business' depreciating assets. The business sold the vehicle for $20,130 (GST Inclusive) on 15 June 20x1 and received the payment in cash immediately. The accumulated depreciation - vehicle at the date of sale showed balance of $800. Required: Record the transactions provided above in the general journal.