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Randall Company purchased $50 of supplies for cash. The monthly bank reconciliation uncovered that the company accountant accidentally recorded the entire purchase for $500. What
Randall Company purchased $50 of supplies for cash. The monthly bank reconciliation uncovered that the company accountant accidentally recorded the entire purchase for $500. What adjusting entry would be required to correct the error? A) Error Expense Cash OB) Suplies c) Cash D) Cash Supplies Supplies 450 450 450 450 450 450 450 Accounts Payable 450 B
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