PLUS Weveandt, Accounting Principles 130 CALERATO + Exercise 205 An inexperienced accountant for Lament Company made the following errors in recording merchandising transactions. 1. A $220 refund to a customer for faulty merchandise was debited to Sales Revenue $220 and credited to Cash $220. 2. A $130 credit purchase of supplies was debited to Inventory $130 and credited to Cash $130, 3. A $140 sales return was debited to Sales Revenue. 4. A cash payment of $30 for freight on merchandise purchases was debited to Freight-Out $300 and credited to Cash $300 Prepare separate correcting entries for each error, assuming that the incorrect entry is not reversed. (Credit account titles are automatically in entered. Do not indent manually.) No Account Titles and Explanation Debit Credit 1 2 here to search O PLUS Weveandt, Accounting Principles 130 CALERATO + Exercise 205 An inexperienced accountant for Lament Company made the following errors in recording merchandising transactions. 1. A $220 refund to a customer for faulty merchandise was debited to Sales Revenue $220 and credited to Cash $220. 2. A $130 credit purchase of supplies was debited to Inventory $130 and credited to Cash $130, 3. A $140 sales return was debited to Sales Revenue. 4. A cash payment of $30 for freight on merchandise purchases was debited to Freight-Out $300 and credited to Cash $300 Prepare separate correcting entries for each error, assuming that the incorrect entry is not reversed. (Credit account titles are automatically in entered. Do not indent manually.) No Account Titles and Explanation Debit Credit 1 2 here to search O