Error Correction, Problem $1$

Acct $2220$

The bookkeeper for Winnie the Pooh, Inc. made the following errors during the month when journalizing and posting these accounting transactions:

$1.$ A debit posting of $$500$ to Prepaid Insurance was debited to Insurance Expense.

$2.$ A collection on account of $$150$ was recorded as a debit to Cash and a credit to Accounts Payable.

$3.$ The journal entry to record the incurred $($but not yet paid$)$ income taxes of $$300$ was made twice!

$4.$ A cash purchase of office supplies of $$350$ was recorded as a $$35$ purchase.

$5.$ Depreciation expense of $$389$ was recorded as a debit to Accumulated Depreciation and a credit to Depreciation Expense of $$398.$

$6.$ The journal entry to record the depreciation of $$123$ on the office furniture was entered as a debit to Depreciation Expense and a credit to Office Furniture for $$132.$

Instructions:

Prepare the journal entries required to correct these accounting errors.