At Monty Company, the following errors were discovered after the transactions had been journalized and posted. 1. A collection on account from a customer for $800 was recorded as a debit to Cash $800 and a credit to Service Revenue $800. 2. The purchase of store supplies on account for $1,160 was recorded as a debit to Supplies $1,550 and a credit to Accounts Payable $1,550. Prepare the correcting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit