Kogan Company has an inexperienced accountant. During the first 2 weeks on the job.

the accountant made the following errors in journalizing transactions. All entries were posted as made.

1. A payment on account of $830 to a creditor was debited to Accounts Payable $380 and credited to Cash $380.

2. The purchase of supplies on account for $560 was debited to Equipment $56 and credited to Accounts Payable $56.

3. A $400 cash dividend was debited to Salaries Expense $400 and credited to Cash $400.

Instructions Prepare the correcting entries.