Entries to Correct Errors

The following errors took place in journalizing and posting transactions:

Question Content Area

a. Cash of $3,460 received on account was recorded as a debit to Fees Earned and a credit to Cash. Journalize the entry to correct the error. If an amount box does not require an entry, leave it blank.

a.	Accounts PayableCashCommon StockFees EarnedFees PayableUnearned Fees	- Select -	- Select -
	Accounts PayableCashFees EarnedFees ExpenseFees PayableUnearned Fees	- Select -	- Select -
	Accounts PayableAccounts ReceivableCashFees ExpenseFees PayableUnearned Fees	- Select -	- Select -

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b. A $1,640 purchase of supplies for cash was recorded as a debit to Supplies Expense and a credit to Accounts Payable. Journalize the entries to correct the error. Note: Enter the entry that reverses the error first.

b.	Accounts PayableAccounts ReceivableCashSuppliesSupplies ExpenseSupplies Payable	- Select -
	Accounts PayableAccounts ReceivableCashSuppliesSupplies ExpenseSupplies Payable		- Select -
blank	Accounts PayableAccounts ReceivableCashSuppliesSupplies ExpenseSupplies Payable	- Select -
	Accounts PayableAccounts ReceivableCommon StockCashSuppliesSupplies ExpenseSupplies Payable		- Select -