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) Prepare connecting entries (L05). AN Instructions Ya) Correct the errors by reversing the incorrect entry and preparing the correct entry. (b) Correct the errors

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) Prepare connecting entries (L05). AN Instructions Ya) Correct the errors by reversing the incorrect entry and preparing the correct entry. (b) Correct the errors without reversing the incorrect entry. E9-13 Keenan Company has an inexperienced accountant. During the first 2 weeks on the job, the accountant made the following errors in journalizing transactions. All entries were posted as made 1. A payment on account of $840 to a creditor was debited to Accounts Payable $480 and credited to Cash S480. 2. The purchase of supplies on account for $560 was debited to Equipment $56 and cred ited to Accounts Payable $56. 3. A $500 withdrawal of cash for P. Keenan's personal use was debited to Salaries and Wages Expense $500 and credited to Cash $500

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