CULATOR PRINTER VERSION BACK Exercise 4-12 a-b (Part Level Submission) (Video) Crane Company discovered the following errors made in January 2020. A payment of Salaries and Wages Expense of $670 was debited to Equipment and credited to Cash, both for $670. A collection of $5,700 from a client on account was debited to Cash $570 and credited to Service Revenue $570. 3. The purchase of equipment on account for $210 was debited to Equipment $660 and credited to Accounts Payable $660. 1. 2. Your answer is correct. Correct the errors by reversing the incorrect entry and preparing the correct entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation 670 Debit Credit 1. Cash Equipment 670 (To reverse the incorrect entry). Salaries and Wages Expense 670 Cash Salaries and Wages Expense 6701 (To record the correct entry) 2. Service Revenue 570 Cash 570 (To reverse the incorrect entry) Cash 5700 Your answer is partially correct. Try again. Correct the errors without reversing the incorrect entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1. Salaries and Wages Expense 670 Equipment 670 2. Service Revenue 5700 Cash 5700 Cash X 3. Equipment Accounts Payable Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT