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Prepare the necessary correcting entry for each of the following. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.
Prepare the necessary correcting entry for each of the following. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) a. A payment of $4,400 for salaries was recorded as a debit to Supplies Expense and a credit to Cash. b. A purchase of supplies on account for $880 was recorded as a debit to Equipment and a credit to Accounts Payable
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