E4.12 (LO 3) Natt Spa discovered the following errors made in January 2020. 1. A payment of Salaries and Wages Expense of 700 was debited to Equipment and credited to Cash, both for 700. 2. A collection of 1,500 from a client on account was debited to Cash 150 and credited to Service Revenue 150. 3. The purchase of equipment on account for 670 was debited to Equipment 760 and credited to Accounts Payable 760. Instructions a. Correct the errors by reversing the incorrect entry and preparing the correct entry. b. Correct the errors without reversing the incorrect entry