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For each of the following incorrect entries, journalise the appropriate correcting entries. For each of the following incorrect entries, journalize the appropriate correcting entries. a.
For each of the following incorrect entries, journalise the appropriate correcting entries.
For each of the following incorrect entries, journalize the appropriate correcting entries. a. The investment by owner of $20,000 was recorded as Cash 20,000 Revenue 20,000 b. A payment on an accounts payable balance was made in full: $6,500. This was recorded as Office supplies 6,500 Cash 6,500 C. The owner withdrew cash of $5,100. This was recorded as Salaries Expense 5,100 Cash 5,100 d. $7,500 was received in advance for work that will be performed next month. This was recorded as Cash 7,500 Revenue 7,500Step by Step Solution
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