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ABC Company collected $450 of legal fees in advance. The Company erroneously debited Cash for $540 and credited Accounts Receivable for $540. Prepare a single
ABC Company collected $450 of legal fees in advance. The Company erroneously debited Cash for $540 and credited Accounts Receivable for $540. Prepare a single correcting entry in good form. Correction that takes two or more entries will receive no credit, Show all work for part marks
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