Sarasota Company has an inexperienced accountant. During the first 2 weeks on the job, the accountant made the following errors in journalizing transactions. All entries were posted as made. 1. A payment on account of $930 to a creditor was debited to Accounts Payable $390 and credited to Cash $390. 2. The purchase of supplies on account for $770 was debited to Equipment $77 and credited to Accounts Payable $77. 3. A $670 cash dividend was debited to Salaries and Wages Expense $670 and credited to Cash $670. Prepare the correcting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually) No. Account Titles and Explanation 1. Supplies Accounts Payable 2. Cash Supplies Expense Equipment Accounts Payable Cash eTextbook and Media List of Accounts Debit 930 693 770 Credit 390 77