At Rafeul Company, the following errors were discovered after the transactions had been journalized. 1 answer below »

At Rafeul 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 $690 was recorded as a debit to Cash $690 and a credit to Service Revenue $690.2. The purchase of store supplies on account for $1,580 was recorded as a debit to Supplies $1,850 and a credit to Accounts Payable $1,850.View Solution:
At Rafeul Company the following errors were discovered after th