Prepare correcting Journal Entries:

• A purchase of supplies on account for $300 was posted as a debit to equipment and a credit to cash.
• A revenue of $200 received was correctly posted on the debit side but wrongly credited to Accounts Receivable account.
• An equipment purchased for $425 on cash was wrongly recorded at $452.
• Rent revenue of $1500 received in advance was mistakenly credited to Revenue account.
• An advertising expense of $1,200 was paid in advance for a period of 12 months. It was recorded as advertising expense debit and cash credit with an amount of $1,200.
• A personal utility bill of $520 was paid out of the business cheque and it was recorded as Utility Expense debit and cash credit with an amount of $250.