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Additional Brief Exercise 102 Prepare the necessary correcting entry for each of the following. (Credit account titles are automatically indented when the amount is entered.

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Additional Brief Exercise 102 Prepare the necessary correcting entry for each of the following. (Credit account titles are automatically indented when the amount is entered. Do not indent mania) A payment of $5,000 for salaries was recorded as a debit to Supplies Expense and a credit to Cash b. A purchase of supplies on account for $1,000 was recorded as a debit to Equipment and a credit to Accounts Payable No. Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work

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