Appendix I
Review Exercise Solutions
400
Chapter 5 Appendix Review Exercise—Solutions
JOURNAL
Page 2
Date
Account Title and Explanation
PR
Debit
Credit
2016
Jun 28 Cash
400
Automobile
400
To reverse incorrect entry
Jun 28 Maintenance Expense
400
Cash
400
To correctly pay for automobile maintenance
Jun 28 Cash
200
Equipment
200
To reverse incorrect entry
Jun 28 Office Supplies
200
Cash
200
To correctly pay for office supplies
