Answer:
Dao Vang reviewed the records and found the following errors.
1. Cash received from a customer on account was recorded as $950 instead of $590.
<u> Actual Entry</u> Cash 950 Dr.
Account Receivable 950 Cr
<u><em>Correct Entry </em></u> Cash 590 Dr
Account Receivable 590 Cr
<u><em>Correcting Entry </em></u> Accounts Receivable ( 950-590) 360 Dr
Cash 360 Cr
<u><em>The correcting entry would be the difference in the wrong amounts posted </em></u>
2. A payment of $75 for advertising expense was entered as a debit to Miscellaneous Expense $75 and a credit to Cash $75.
<u><em> Actual Entry </em></u> Miscellaneous Expense $75 Dr
Cash $75 Cr.
<u><em>Correct Entry </em></u> Advertising Expense $75 Dr
Cash $75 Cr
<u><em> Correcting Entry</em></u> Advertising Expense $75 Dr
Miscellaneous Expense $75 Cr
<u><em>The correcting entry would be debit to the required expense account and credit from the wrong expense account</em></u>
3. The first salary payment this month was for $1,900, which included $700 of salaries payable on March 31. The payment was recorded as a debit to Salaries and Wages Expense $1,900 and a credit to Cash $1,900. (No reversing entries were made on April 1.)
<u><em> Actual Entry</em></u> Salaries and Wages Expense $1,900 Dr
Cash $1,900 Cr
<u><em> Correct Entry</em></u> Salaries and Wages Payable 700 Dr
Salaries and Wages Expense $1,200 Dr
Cash $1,900 Cr
<u><em> Correcting Entry </em></u> Salaries and Wages Payable 700 Dr
Salaries and Wages Expense $ 700 Cr
<u><em>The correcting entry would be debit to expense payable and credit to the expense.</em></u>
4. The purchase on account of a printer costing $310 was recorded as a debit to Supplies and a credit to Accounts Payable for $310.
<u><em>Actual Entry</em></u> Supplies $310 Dr
Accounts Payable $310 Cr.
<u><em>Correct Entry</em></u> Office Equipment $310 Dr
Accounts Payable $310 Cr.
<u><em>Correcting Entry</em></u> Office Equipment $310 Dr
Supplies $310 Cr.
<u><em>The correcting entry would be debit to office equipment and credit to supplies account.</em></u>
5. A cash payment of repair expense on equipment for $96 was recorded as a debit to Equipment $69 and a credit to Cash $69.
<em><u> Actual Entry</u></em> Equipment $69 Dr
Cash $69 Cr.
<u><em>Correct Entry </em></u> Repair Expense $96 Dr
Cash $96 Cr.
<u><em>Correcting Entry</em></u> Repair Expense $96 Dr
Equipment $69 Cr
Cash $27 Cr
<u><em>The correcting entry would be debit to the expense account with the exact value credit from equipment account and credit to the the amount remaining in the cash account.</em></u>