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Altenburg Incorporated acquired a leather-cutting machine for $280,000 on December 31, 2018. The general accountant incorrectly coded the invoice as Miscellaneous Expense. The general accountant

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Altenburg Incorporated acquired a leather-cutting machine for $280,000 on December 31, 2018. The general accountant incorrectly coded the invoice as Miscellaneous Expense. The general accountant discovered the error in 2019 when the books had already been closed for 2018. The transaction was correctly recorded for tax purposes and all taxes were paid. Prepare the correcting entry for this transaction. (Record debits first, then credits. Exclude explanations from any journal entries.) ng ts Account 2019 Correcting Entry 3 MA 202 show work 0

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