The invoice relating to the acquisition on credit of office equipment for 24,500 from Globe Ltd was

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The invoice relating to the acquisition on credit of office equipment for £24,500 from Globe Ltd was entered in the Purchases Journal. To correct this error which of the following needs to be done:

(a) Journal entry: Debit Office equipment a/c and credit Globe Ltd a/c with £24,500

(b) Journal entry: Debit Globe Ltd a/c and credit Office equipment a/c with £24,500

(d) Journal entry: Debit Office equipment a/c and credit Purchases Day Book

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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Question Posted: Aug 31, 2023 02:26 AM

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The invoice relating to the acquisition on credit of office equipment for 24,500 from Globe Ltd was

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Financial Accounting An Introduction

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