prepare correcting entries

The owner of Zhu Company has been doing all of the company's bookkeeping. When the accountant arrived to do the year-end adjusting entries, she found the following items: Prepare correcting entries. 1. A payment of Rent of $1400 was debited to Accounts Receivable and credited to Cash, both for $1200. 2. The investment of $5,000 of cash by the owner, Takobe Zhu, was debited to Short-Term investments and credited to Cash, both for $5,000. 3. The collection of an account receivable of $1,000 was debited to Cash and credited to Accounts Receivable, both for $100. 4. The company had purchased $1440 of supplies on account. This entry was correctly recorded. When the account was paid, Supplies was debited $1440 and Cash was credited $1440. 5. Equipment costing $3,750 was purchased on account. Repairs Expense was debited and Accounts Payable was credited, both for $3,750. Required Correct any errors by reversing the incorrect entry and preparing the correct entry