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10:00 Time Left:0:12:19 Harmanpreet Singh Harmanpreet Singh: Attempt 1 Question 8 (1 point) 3 The following journal entry (incorrectly) recorded the purchase of office supplies

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10:00 Time Left:0:12:19 Harmanpreet Singh Harmanpreet Singh: Attempt 1 Question 8 (1 point) 3 The following journal entry (incorrectly) recorded the purchase of office supplies for $1,200 on credit: 6 Office Equipment 1.200 Accounts Payable What entry or entries best correct and document the correction of this error? 1,200 9 None required. The original entry above is correct. 12 1,200 1,200 1.200 15 Accounts Payable Office Equipment Office Supplies Accounts Payable Office Supplies Accounts Payable Office Supplies Account Receivable 1.200 1.200 1.200 1.200 7 18 1,200 Question 9 (1 point) 20 21 A credit purchase of a business expense item should be recorded with a debit to an expense account and a credit to Accounts Payable. True w

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