Alexander Company has employed a bookkeeper who is inexperienced. On December 27, after reviewing the records for the year, you discover the following error.

On May 1, Alexander Company purchased Supplies on account, $180. The bookkeeper recorded this by debiting Supplies Expense for $810 and crediting Cash for $810.

Note:Assume that it is the company's policy to record the purchase of supplies in the Supplies account.

Required:

Make a correcting entry on December 27. Make sure to enter the day for each separate transaction.