Hello,

please help.

Thank you!

Correcting Errors

1. The following entry was made to record the purchase of $700 in supplies on account:

Supplies	142	700
Cash	101		700

2. The following entry was made to record the payment of $400 in wages:

Rent Expense	521	400
Cash	101		400

3. The following entry was made to record a $400 payment to a supplier on account:

Supplies	142	200
Cash	101		200

Required:

Assuming that all entries have been posted, prepare correcting entries for each of the errors. If an amount box does not require an entry, leave it blank.

Page: DATE ACCOUNT TITLE DOC. POST. NO. REF. DEBIT CREDIT 1 1. 1 2 2 3 To correct error in which a purchase of supplies on account was credited to Cash 3 4 2. 4 5 5 H0 0 0 II II 6 To correct error in which a payment of wages was debited to Rent Expense 6 7 3. 7 8 8 9 9 10 To correct error in which a $400 payment on account was recorded as a $200 cash purchase of supplies 10