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A company mistakenly recorded a $348 cheque written in payment of an account as $384. The journal entry required to correct this would be: Select
A company mistakenly recorded a $348 cheque written in payment of an account as $384. The journal entry required to correct this would be: Select one: a. debit Accounts Payable $348; credit Cash $348 b. debit Accounts Payable $36, credit Cash $36 c. debit Cash $384; credit Accounts Payable $384 d. debit Cash $36; credit Accounts Payable $36
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