The following entry was recorded on January 10. At month-end, it was discovered that on January 10,
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At month-end, it was discovered that on January 10, computer equipment was purchased for $25,000 by borrowing from the bank. Prepare the correcting entry required on January 31.
Transcribed Image Text:
Jan. 10 Office Furniture.. 25,000 25,000 Accounts Payable... To record purchase of computer equipment by borrowing from the bank.
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Jan 31 AN D 31 Accounts Payable Office ...View the full answer
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0071051507
Volume I, 14th Canadian Edition
Authors: Larson Kermit, Tilly Jensen
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