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The bookkeeper recorded a payment on account as $140 instead of the correct amount of $410. What journal entry is required? OA. Debit Accounts
The bookkeeper recorded a payment on account as $140 instead of the correct amount of $410. What journal entry is required? OA. Debit Accounts Receivable for $410 and credit Cash for $410. OB. Debit Cash for $270 and credit Accounts Payable for $270. OC. Debit Accounts Payable for $410 and credit Cash for $410. D. Debit Accounts Payable for $270 and credit Cash for $270.
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