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On Jun 8, Maltwater Saffy Company bought supplies on account from the Tweet Money Company for $550. Maltwater Saffy Company incorrectly debited Equipment for $500
On Jun 8, Maltwater Saffy Company bought supplies on account from the Tweet Money Company for $550. Maltwater Saffy Company incorrectly debited Equipment for $500 and credited Accounts Payable for $500. The entries have been posted to the ledger. The correcting entry should be: Select one: a. Supplies..... Equipment.. Accounts Payable.. 550 500 50 b. Supplies. 550 Accounts Payable.. 500 Equipment. 50 C Supplies...... Equipment... 550 550 d. indows Supplies.... 550 Accounts Payable.. 550
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