Since amount received was $750.2, and amount recorded is only $570, The difference of $180.2 needs to be recorded as it was short recorded earlier. Entry for below is:
Cash..................................DR $180.2
To Accounts Receivable........................... $180.2
Since a computer printer is an equipment it needed to be debited in Equipments, but instead it was debited to supplies, Thus the correcting Entry for the same would be:
Equipment..........................DR $841
To Supplies.................................................$841
The entry passed is wrong as sales was credited wrongly thus sales needs to be credited further by $801, Its absurd that the entry was not balanced, Thus the accountant will require to go to sales ledger and correct the amount.
Since Telephone charges were wrongly debited to office expenses, office expenses will be credited and Telephone expenses will be debited by the same amount
Telephone Expenses..................DR $406
To office Expenses...................................... $406
Unearned Services Revenue, will need to be debited so that income earned will be credit accordingly.
Unearned Service Revenue...............DR $666
To Service Revenue.........................................$666
Since debit to wages and salary was omitted thus a debit of $1011 needs to be made in Wages and Salary Ledger.
Since accounts payable was over credited by $54 it needs to be reduced by $54 in the respective ledger.
