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The purchase of store supplies on account for 1570 was

At Batavia Company, the following errors were discovered after the transactions had been journalized and posted. Prepare the correcting entries.

1. A collection on account from a customer for $780 was recorded as a debit to Cash $780 and a credit to Service Revenue $780.

2. The purchase of store supplies on account for $1,570 was recorded as a debit to Store Supplies $1,750 and a credit to Accounts Payable $1,750.

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Accounting Basics: The purchase of store supplies on account for 1570 was

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Accounting Basics: The purchase of store supplies on account for 1570 was

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