The audit of the books of Collin Drake, dealer in word processors, during the year to 30 April 2012 revealed
The audit of the books of Collin Drake, dealer in word processors, during the year to 30 April 2012 revealed the following errors and omissions:
(a) A sale invoiced to Sue Robert at £14,200 was recorded in the Sales Journal as £12,400.
(b) A purchase invoice of £16,450 from Tex Bros was omitted from the Purchases Journal.
(c) An invoice of £400, again from Tex Bros, but this time for stationery, was listed in the Purchases Journal.
(d) £11,500 received in respect of a debt written off in the previous year was credited to the Sales account.
(e) £16,000 paid on 1 August 2011 for office equipment was posted to the Stationery account. Such equipment is usually depreciated at 10% per annum on the straight-line method.
(f) Included in the Rent and rates account is £2,000 paid as property tax on Collin’s private residence.
Set out the Journal entries necessary for rectifying each of the above errors.
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