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Ayayai Company discovered the following errors made in January 2022. 1. A payment of Salaries and Wages Expense of $300 was debited to Equipment and credited to Cash, both for $300. 2. A collection of $1,000 from a client on account was debited to Cash $100 and credited to Service Revenue $100. 3. The purchase of equipment on account for $510 was debited to Equipment $150 and credited to Accounts Payable $150. Your answer is partially correct. Correct the errors by reversing the incorrect entry and preparing the correct entry. (Credit account titles are automatically indented When amount is entered. Do not indent manually.) No. Account Titles and Explanation 1. Cash Equipment (To reverse the incorrect entry) Salaries and Wages Expense Cash (To record the correct entry) 2. Service Revenue Cash (To reverse the incorrect entry) Cash Accounts Recelvable (To record the correct entry) Debit 300 3. Accounts Payable Cash 100 Accounts Receivable (To record the correct entry) 3. Accounts Payable Equipment (To reverse the incorrect entry) Equipment 150 Accounts Payable 100 Correct the errors without reversing the incorrect entry. (Credit occount titles are outomatically indented when amount is entered. Do not indent manually.)