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11 Process financial transactions and extract interim reports - Online Assessment 4 - LA023518 Correction of errors. The current balance of the office equipment account
11 Process financial transactions and extract interim reports - Online Assessment 4 - LA023518 Correction of errors. The current balance of the office equipment account is $12,625 Dr. In your review of the transactions posted, you note that the cash purchase of printer for $750 was incorrectly posted to the debit side of the stationery account. The GST receivable and bank components of the transaction were correctly posted to the respective accounts. Calculate the correct closing balance of the office equipment account. Select one: O a. $11,875 debit O b. $13,375 debit c. $12,625 debit d. $14,125 debit
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