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On June 10, Jimmy's Landscaping Services purchased a tractor for $16,000, paying $6,000 cash and the balance on a note. In recording the transaction, the
On June 10, Jimmy's Landscaping Services purchased a tractor for $16,000, paying $6,000 cash and the balance on a note. In recording the transaction, the bookkeeper debited Equipment and credited Cash for $16,000. The error was discovered on June 30. The journal entry to correct the error is
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