Question 8 Ivanhoe Company discovered the following errors made in January 2017. 1. 2. 3. A payment of Salaries and Wages Expense of 582 was debited to Equipment and credited to Cash, both for C582 A collection of 7,680 from a client on account was debited to Cash 255 and credited to Service Revenue 255. The purchase of equipment on account for 820 was debited to Equipment 280 and credited to Accounts Payable 280. No. Account Titles and Explanation Debit Credit 1. (To reverse the incorrect entry.) (To record the correct entry) 2. (To reverse the incorrect entry.) (To record the correct entry.) 3. (To reverse the incorrect entry.) (To record the correct entry.) (To reverse the incorrect entry.) (To record the correct entry.) (b) Correct the errors without reversing the incorrect entry. (Credit account titles are automatically inc Debit Credit No. Account Titles and Explanation 1