Exercise 4-12 Andrew Clark Company discovered the following errors made in January 2015. 1. 2. 3. A payment of Salaries and Wages Expense of $823 was debited to Equipment and credited to Cash, both for $823. A collection of $2,520 from a client on account was debited to Cash $252 and credited to Service Revenue $252. The purchase of equipment on account for $920 was debited to Equipment $290 and credited to Accounts Payable $290. 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.) Date Account Titles and Explanation Debit Credit (To reverse the incorrect entry.) (To record the correct entry) (To reverse the incorrect entry.) (To record the correct entry) (To reverse the incorrect entry.) (To record the correct entry) Correct the errors without reversing the incorrect entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit