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Grouper Company discovered the following errors made in January 2022. 1. A payment of Salaries and Wages Expense of $300 was debited to Equipment and
Grouper 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 $2,000 from a client on account was debited to Cash $200 and credited to Service Revenue $200. 3. The purchase of equipment on account for $710 was debited to Equipment $170 and credited to Accounts Payable $170. (a) Correct the errors by reversing the incorrect entry and preparing the correct entry. (Credit account titles are automatically indented
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