urgent pleaaaase

Problem - VI- Correcting Entries (6 points - 10 minutes) The following errors were made in journalizing and posting transactions in March in the Seal Company. Prepare the necessary correcting entries. 1. A $1,700 payment for a cash purchase of a 2-year insurance policy was debited to Prepaid Insurance and credited to Accounts Payable. 2. A collection of $4,500 on account from a customer was recorded as a debit to Cash $4,500 and a credit to Sales Revenue $4,500. 3. A bill for $1,550 for new office equipment was debited to Office Supplies $1,550 and credited to Accounts Payable $550