Exercise 20-23 (Algo) Error correction; three errors [LO20-6] Below are three independent and unrelated errors. a. On December 31, 2020, Wolfe-Bache Corporation failed to accrue salaries expense of $1,650. In January 2021, when it paid employees for the December 27-January 2 workweek, Wolfe-Bache made the following entry: Salaries expense Cash 1,650 1,650 b. On the last day of 2020, Midwest Importers received a $87,000 prepayment from a tenant for 2021 rent of a building. Midwest recorded the receipt as rent revenue. The error was discovered midway through 2021. c. At the end of 2020, Dinkins-Lowery Corporation failed to accrue interest of $7,700 on a note receivable. At the beginning of 2021, when the company received the cash, it was recorded as interest revenue