As Al Choi Was Doing His Year-End Accounting, He Noticed

Essay

As Al Choi was doing his year-end accounting, he noticed that the bookkeeper had made errors in recording several transactions. The erroneous transactions are as follows:
1. A cheque for $900 was issued for supplies previously purchased on account. The bookkeeper debited Accounts Receivable and credited Cash for $900.
2. A cheque for $680 was received as payment on account. The bookkeeper debited Accounts Payable for $860 and credited Accounts Receivable for $860.
3. When making the entry to record the year's depreciation expense, the bookkeeper debited Accumulated Depreciation for $3,500 and credited Cash for $3,500.
4. When accruing the interest on a note payable, the bookkeeper debited Cash for $200 and credited Interest Payable for $200.
Instructions
Prepare the appropriate correcting entries. (Do not reverse the original entries.)