Capp Company purchased supplies of ($ 120) on account. The accountant debited Supplies and credited Cash for
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Capp Company purchased supplies of \(\$ 120\) on account. The accountant debited Supplies and credited Cash for \(\$ 120\). A week later, after this entry has been posted to the ledger, the accountant discovers the error. How should he correct the error?
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Related Book For
Financial Accounting
ISBN: 9780133118209
2nd Edition
Authors: Charles T. Horngren, Jr. Harrison, Walter T.
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