Question #1 Stewart Company has employed a bookkeeper who is inexperienced. On December 29, after reviewing the records for the year, you discover the following error. On May 1, Stewart Company purchased Supplies on account, $170. The bookkeeper recorded this by debiting Supplies Expense for $710 and crediting Cash for $710 Note: Assume that it is the company's policy to record the purchase of supplies in the Supplies account. Required Prepare a correcting entry on December 29. Make sure to enter the day for each separate transaction. Date Account Title Debit Credit