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For each entry below make a correcting entry if necessary. If the entry given is correct, then state No entry required. (Credit acco titles are
For each entry below make a correcting entry if necessary. If the entry given is correct, then state "No entry required". (Credit acco titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry required, select "No Entry" for the account titles and enter 0 for the amounts.) (a) The $40 cost of repairing a printer was charged to Equipment. (b) The $4,700 cost of a major engine overhaul was debited to Maintenance and Repairs Expense. The overhaul is expected to increase the operating efficiency of the truck. (c) The $6,400 closing costs associated with the acquisition of land were debited to Miscellaneous Expense. (d) A $650 charge for transportation expenses on new equipment purchased was debited to Freight-In
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