The following errors in recording the transactions for June were discovered in the general journal the next month after the data had been posted to the ledger. Record the necessary correcting entries on page 2 of a general journal. Omit the descriptions.June 1Discovered that a purchase of supplies for $800 cash was recorded as a debit to Equipment and a credit to Cash2Discovered that a check for $1,100 to the owner, Hank Rudolph, to pay one month's rent on his personal apartment was recorded as a debit to Rent Expense and a credit to Cash3Discovered that a receipt of $3,000 cash from a credit customer was recorded as a debit to Cash and a credit to Accounts Payable4Discovered that $350 services performed on credit were recorded as a debit to Cash and a credit to Fees Income
What will be an ideal response?
GENERAL JOURNAL | ||||
PAGE 2 | ||||
DATE | DESCRIPTION | P.R. | DEBIT | CREDIT |
June 1 | Supplies | ? | 800 | ? |
? | Equipment | ? | ? | 800 |
? | ? | ? | ? | ? |
June 2 | Hank Rudolph, Drawing | ? | 1,100 | ? |
? | Rent Expense | ? | ? | 1,100 |
? | ? | ? | ? | ? |
June 3 | Accounts Payable | ? | 3,000 | ? |
? | Accounts Receivable | ? | ? | 3,000 |
? | ? | ? | ? | ? |
June 4 | Accounts Receivable | ? | 350 | ? |
? | Cash | ? | ? | 350 |
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