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Question 29 (1 point) A firm purchased telephone equipment for cash. By mistake, the accountant debited Utilities Expense instead of Office Equipment. The error was
Question 29 (1 point) A firm purchased telephone equipment for cash. By mistake, the accountant debited Utilities Expense instead of Office Equipment. The error was discovered after the data posted. The correcting entry should contain: a debit to Office Equipment and a credit to Cash. a debit to Office Equipment and a credit to Utilities Expense. a debit to Cash and a credit to Office Equipment. a debit to Utilities Expense and a credit to Cash.
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