Prepare the necessary correcting entry for each of the following. (Credit account titles are automatically indented when the amount is etered. Do not indent manually.) a. A payment of $5,000 for salaries was recorded as a debit to Supplies Expense and a credit to Cash b. A purchase of supplies on account for $1,000 was recorded as a debit to Equipment and a credit to Accounts Payable. No. Account Titles and Explanation Debit Credit a. b