Marigold Boats paid a $560 cheque to a supplier for the balance due on an account payable. The transaction was erroneously recorded as a credit to Cash of $650 and a debit to Repairs Expense of $650. The correcting entry is debit Accounts Payable $560;credit Cash $560 debit Cash 5560: debit Accounts Payable $90 credit Repairs Expense $650 debit Accounts Payable $90;credit Cash $90 debit Cash $90debit Accounts Payable $560 credit Repairs Expense $650