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In 2024, the Harwell Company sold land for 5105,000 cash representing a $5,000 gain No journal entry was recorded in 2024 or 2025. The error

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In 2024, the Harwell Company sold land for 5105,000 cash representing a $5,000 gain No journal entry was recorded in 2024 or 2025. The error was discovered on 1/10/26, the 2025 books are still open. The correcting joumal entry will have what etfect on 2025 Net income? Select one: a. 55,000 debit b. $5,000 credit c. $10000debl d. $10000 credit e. No etfect

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