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Show Attempt History Current Attempt in Progress Your answer is partially correct. Sunland Company has an inexperienced accountant. During the first 2 weeks on the
Show Attempt History Current Attempt in Progress Your answer is partially correct. Sunland Company has an inexperienced accountant. During the first 2 weeks on the job, the accountant made the following errors in journalizing transactions. All entries were posted as made. 1 A payment on account of $740 to a creditor was debited to Accounts Payable $470 and credited to Cash $470. 2. 3. The purchase of supplies on account for $900 was debited to Equipment $90 and credited to Accounts Payable $90. A $200 withdrawal of cash for N. Sunland's personal use was debited to Salaries and Wages Expense $200 and credited to Cash $200 Prepare the correcting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) No. Account Titles and Explanation Debit Credit 1. Accounts Payable 270 Cash 270 2. Supplies 900 Equipment 90 Accounts Payable 810 3. Stock Investments 200 Salaries and Wages Expense 200 e Textbook and Media List of Accounts Save for Later Last saved 8 days ago Attempts: 4 of 5 used Submit
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