Prepare the journal entries to correct the errors

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Reference no: EM132664638

Question - On Inspection of the books Andrews found the following errors.

1. Purchases on credit from Hannah, $600 had been recorded in the book of Prime entry and the account of Hannah as $900.

2. Rent expenses $450 had been posted to the general expenses account.

3. The Purchase of Fixtures, $800 had been recorded in the general expenses account.

4. A sale of goods on credit to Roy, $500, had been debited to the Sales account and Credited to Roy's Account.

Required -

(a) Name the type of error in 1-4.

(b) Prepare the journal entries to correct the errors 1 to 4. Narratives are not required.

Reference no: EM132664638

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