Andrew Clark Company discovered the following errors made in January 2017.
1. A payment of Salaries and Wages Expense of $600 was debited to Equipment and credited to Cash, both for $600.
2. A collection of $4,500 from a client on the account was debited to Cash $450 and credited to Service Revenue $450.
3. The purchase of equipment on account for $520 was debited to Equipment $250 and credited to Accounts Payable $250.
Correct the errors by reversing the incorrect entry and preparing the correct entry.