Question Details

Harken Company discovered the following errors 


Harken Company discovered the following errors made in January 2011.
1.	A payment of Salaries Expense of $800 was debited to Equipment and credited to Cash, both for $800.
2.	A collection of $2,000 from a client on account was debited to Cash $200 and credited to Service Revenue $200.
3.	The purchase of equipment on account for $680 was debited to Equipment $860 and credited to Accounts Payable $860.
Instructions
Correct the errors by reversing the incorrect entry and preparing the correct entry.



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