Hanson Company has an inexperienced accountant, during the first months on the job, the accountant made the following errors in journalizing transitions. All entries were posted as made. The purchase of supplies for $700 cash was debited to Equipment $730 and credited to Cash $230. A $S40 dividend was debited to Salaries and Wages Expense $970 and credited to Cash $970. A payment on account of $890 to a creditor was debited to Accounts Payable $300 and credited to Cash $300. Prepare me correcting entries. (credit account titles are automatically indented when amount is entered. Do not indent manually.)