Following the preparation of the bank reconciliation for Lolitta Services, a correcting journal entry was needed. A

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Following the preparation of the bank reconciliation for Lolitta Services, a correcting journal entry was needed. A cheque issued for the correct amount of $960 for a payment on account was recorded in the amount of $690. Prepare the correcting entry dated February 28, 2017, using the appropriate journal.

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Accounting Principles

ISBN: 978-1119048503

7th Canadian Edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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