Current Attempt in Progress

Sheffield Company discovered the following errors made in January $2022.$

A payment of Salaries and Wages Expense of $$400$ was debited to Equipment and credited to Cash,

both for $$400.$

A collection of $$5,500$ from a client on account was debited to Cash $$550$ and credited to Service

Revenue $$550.$

The purchase of equipment on account for $$620$ was debited to Equipment $$260$ and credited to

Accounts Payable $$260.$

$($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 $0$ for the amounts.$)$

No$.$

Account Titles and Explanation

Debit

eTextbook and Media

List of Accounts