Exercise 4-12 a-b (Video) Ivanhoe Company discovered the following errors made in January 2020. 1. 2. 3. A payment of Salaries and Wages Expense of $890 was debited to Equipment and credited to Cash, both for $890. A collection of $7,400 from a client on account was debited to Cash $740 and credited to Service Revenue $740. The purchase of equipment on account for $310 was debited to Equipment $520 and credited to Accounts Payable $520. JS Weygandt, Accounting Principles, 13e CALCUL 3. The purchase of equipment on account for $310 was debited to Equipment $520 and credited to Acco Correct the errors by reversing the incorrect entry and preparing the correct entry. (Credit account titles not indent manually.) No. Account Titles and Explanation Debit Credit (To reverse the incorrect entry) rudy (To record the correct entry) (To reverse the incorrect entry) (To record the correct entry) (To reverse the incorrect entry) (To record the correct entry) Correct the errors without reversing the incorrect entry. (Credit account titles are automatically indete Account Titles and Explanation Debit - Credit DL WHICLE (To record the correct entry) Correct the errors without reversing the incorrect entry. (Credit account titles are automatically indented when amount is entere No. Account Titles and Explanation Debit Credit Question Attempts: 0 of 3 used SAVE FOR