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Arrange Q4: Correcting Entries 1. The bookkeeper recorded purchasing $50 of office supplies by erroneously crediting cash instead of accounts payable. Prepare journal entry/entries to
Arrange Q4: Correcting Entries 1. The bookkeeper recorded purchasing $50 of office supplies by erroneously crediting cash instead of accounts payable. Prepare journal entry/entries to correct the ledger accounts. Date Accounts Debit Credit To adjust revenue for December 2. The bookkeeper recorded prepaying rent in the amount of $1,200 incorrectly as $2,100. Prepareg journal entry/entries to correct the ledger accounts if the business records prepaying expenses by debiting an asset account? Date Accounts Debit Credit To adjust revenue for December
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