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Crane Company has an inexperienced accountant. During the first 2 weeks on the job, the...

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Accounting

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Crane Company has an inexperienced accountant. During the first 2 weeks on the job, the accountant made the following errors in journalizing transactions. All entries were posted as made. 1. A payment on account of $510 to a creditor was debited to Accounts Payable $150 and credited to Cash $150. 2. The purchase of supplies on account for $700 was debited to Equipment $70 and credited to Accounts Payable $70. 3. A $500 withdrawal of cash for Nina Crane's personal use was debited to Salaries and Wages Expense $500 and credited to Cash $500. Prepare the correcting entries. (Credit account titles are automatically indented when omount is entered. Do not indent manually.) Prepare the correcting entries, (Credit account titles are automaticafly indented when amount is entered. Do not indent manually.)

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