Cullumber Company discovered the following errors made in January 2022. 1. A payment of Salaries and Wages Expense of $720 was debited to Equipment and credited to Cash, both for $720. 2. A collection of $7,700 from a client on account was debited to Cash $770 and credited to Service Revenue $770. 3. The purchase of equipment on account for $360 was debited to Equipment $630 and credited to Accounts Payable $630. (a) Your answer is 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. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) No. Account Titles and Explanation 1. Cash (b) 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 Receivable (To record the correct entry) 3. Accounts Payable Equipment (To reverse the incorrect entry) Equipment Accounts Payable (To record the correct entry) eTextbook and Media List of Accounts Debit 720 720 770 7700 630 360 Credit 720 720 770 7700 630 360 Attempts: 1 of 2 used Correct the errors without reversing the incorrect entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) No. Account Titles and Explanation Debit Credit 1. 2. 3.