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A joumal entry for a $ 2 6 0 payment to purchase office supplies was erroneously recorded as a debit to Office Supplies for $
A joumal entry for a $ payment to purchase office supplies was erroneously recorded as a debit to Office Supplies for $ and a credit to Cash for $ Which of the following tatements correctly states the effect of the error on the trial balance?
A The sum of the debits will exceed the sum of the credits by $
B The sum of the debits will exceed the sum of the credits by $
C The sum of the credits will exceed the sum of the debits by $
D The sum of the debits will exceed the sum of the credits by $
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