The following errors took place injournalizingandpostingtransactions:

1. Insurance of $18,000 paid for the current year was recorded as adebitto Insurance Expense and acreditto Prepaid Insurance.
2. Dividends of $10,000 were recorded as a debit to Wages Expense and a credit to Cash.

Journalize the entries to correct the errors. If an amount box does not require an entry, leave it blank.