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On May 7, your firm incurs $200 in office expenses, which is pays right away, but fails to record. If, you discover the error a
On May 7, your firm incurs $200 in office expenses, which is pays right away, but fails to record. If, you discover the error a week later, what entry would you record to correct it?
A. Accounts Payable 200; Cash 200B. Cash 200; Office Expense 200C. Office Expense 200; Cash 200D. Office Expense 200; Accounts Payable 200
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