Jinan Company, the following errors were discovered after the transactions had

been journalized and posted.

Instructions: Prepare the correcting entries without reversing the incorrect entry.

1. A collection on account from a customer for $780 was recorded as a debit to Cash $780 and a credit to Service Revenue $780.

2. The purchase of store supplies on account for $1,570 was recorded as a debit to Store Supplies $1,750 and a credit to Accounts Payable $1,750.