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Whispering Winds Company discovered the following errors made in January 2022. 1. 2. 3. A payment of Salaries and Wages Expense of $700 was debited
Whispering Winds Company discovered the following errors made in January 2022. 1. 2. 3. A payment of Salaries and Wages Expense of $700 was debited to Equipment and credited to Cash, both for $700. A collection of $7,500 from a client on account was debited to Cash $750 and credited to Service Revenue $750. The purchase of equipment on account for $820 was debited to Equipment $280 and credited to Accounts Payable $280. (b) Correct the errors without reversing the incorrect entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) No. 1. 2. 3. Account Titles and Explanation Debit Credit
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