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ion, Volume 1 2 Questions Wildhorse Company has an inexperienced accountant. During the first two weeks on the job, the accountant made the following errors

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ion, Volume 1 2 Questions Wildhorse Company has an inexperienced accountant. During the first two weeks on the job, the accountant made the following errors in journalizing transactions. All incorrect entries were posted 1. A payment on account of $730 to a creditor was debited $690 to Accounts Payable and credited $690 to Cash The purchase of supplies on account for $580 was not recorded. A $410 withdrawal of cash for L. Wildhorse's personal use was debited 5410 to Salaries Expense and credited $410 to Cash 4. Received $700 cash from a customer on account. Cash was debited $700 and Service Revenue was credited $700. S. A customer was billed $400 for services provided. Accounts Receivable was debited $400 and Unearned Revenue was credited $400. Prepare the correcting entries. (Credit accountitles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the acc Account Tities and Explanation Debit Credit 1. e 2. 3. D O 4, 5

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