On March 11, Dana Corporation paid $500 of an amount due to Asem store. Dana corporation journalized this transaction as Debit $5,500 to Account Recivables and Credit $ 5,500 to Cash. The correcting entry to correct this error is: Dr. Cash Dr. Account Payable 5,000 500 Cr. Account Recivables 5,500 Dr. Cash 5,000 Cr. Account Recivables 5,000 Dr. Cash 5,000 Cr. Account Recivables 500 Cr. Account Payable O Dr. Account Recivables 4,500 Dr. Account Payable 4,500 500 Cr. Cash 5,000 OTyne here to search M 02021 McGraw-Hill Education All rights reserved