At Concord Company, the following errors were discovered after the transactions had been journalized and posted.

1.A collection on account from a customer for $930was recorded as a debit to Cash $930and a credit to Service Revenue $930.

2.The purchase of store supplies on account for $1,180was recorded as a debit to Supplies $1,570and a credit to Accounts Payable $1,570.

Prepare the correcting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)