ACTIVITY
State the error for each of the following statements:
1. Purchase of stock was entered in the Office Equipment Account.
2. Paid Mello $10,000 cash was debited to Nello's Account..
3. Sammy paid us $20,000 cash. We debited Sammy's Account and credited the cash book.
4. Cash purchase $10,000 was entered in the books as $1,000..
5. Paid rent $40,000 cheque was not entered into the books..
6.There was an error in the sales and purchases account by $500..