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On March 8 , Fernetti Company bought office supplies on account the Flint Company for $ 5 5 0 . Fernetti Company incorrectly debited Equipment

On March 8, Fernetti Company bought office supplies on account the Flint Company for $550. Fernetti 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?
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