B. Anwar El Wakiel prepared draft financial statements (final accounts) for the year ended 30 April
2010.
The following errors were later discovered.
1. A cheque, $170 received from Zubin Khan had been credited to the account of Zaffar Khan,
another debtor
2. Purchase of equipment, $1000, had been debited to the office expenses account.
3. Stationery, $19 had been debited to the purchases account.
4. No entry had been made for sales returns, $25, from Mariam Sitar.
Prepare journal entries to record these errors.

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a. no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative. b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child. c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative. d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.