While preparing financial stements for April 2021, Croissant Company discovered the following errors made in April 2021. (a) A cash payment of $200 for freight on merchandise purchases was debited to Freight-Out $2,000 and credited to Cash $2,000. Assume that a perpetual inventory system is used. (b) Cash of $10,000 paid to Waffle Company to acquire Waffle's ordinary shares was recorded as a debit to Retained Earnings $1,000 and a credit to Cash $1,000. (c) The receipt of a bill for $350 from Recipe News for advertising on its website for which no payment has been made by the end of April 2021 was recorded as a debit to Prepaid Advertising $530 and a credit to Accounts Payable $530. (d) Cash of $170 received from a customer on account was debited to Sales Revenue $270 and credited to Cash \$270. (e) The first salary payment this month was for $1,700, which included $700 of salaries payable on March 31. The payment was recorded as a debit to Salaries Expense $1,700 and a credit to Cash $1,700. Note that the company has a very inexperienced accountant, and some of these errors may not make any sense. Also, note that the company does not reverse adjusting entries made in the previous month