Reviewing its post-closing trial balance, Scott Ltd determined that all accounts had normal balances, but that some of those accounts should have been "closed" during the closing entry process. Scott Ltd then prepared the following supplemental closing entry: 3,000 Other Comprehensive Income (Foreign Currency Gain) Interest Revenue Dividends Declared 1,000 800 Income Summary 3,200 Required: Identify the two mistakes made in the above closing entry. Then write what Scott Ltd should have done instead. You may assume that the account names used in the supplemental closing entry above correspond to the account names used in the Chart of Accounts. The omission of the date is not one of the mistakes you need to identify. Format your answer by copying and pasting the following bold face into the answer box provided; however, please do not use bold face in your answer itself. First mistake: What should Scott Ltd have done instead? Second mistake: What should Scott Ltd have done instead? Reviewing its post-closing trial balance, Scott Ltd determined that all accounts had normal balances, but that some of those accounts should have been "closed" during the closing entry process. Scott Ltd then prepared the following supplemental closing entry: 3,000 Other Comprehensive Income (Foreign Currency Gain) Interest Revenue Dividends Declared 1,000 800 Income Summary 3,200 Required: Identify the two mistakes made in the above closing entry. Then write what Scott Ltd should have done instead. You may assume that the account names used in the supplemental closing entry above correspond to the account names used in the Chart of Accounts. The omission of the date is not one of the mistakes you need to identify. Format your answer by copying and pasting the following bold face into the answer box provided; however, please do not use bold face in your answer itself. First mistake: What should Scott Ltd have done instead? Second mistake: What should Scott Ltd have done instead