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The following error was discovered: Office supplies purchased for $200 was recorded by a debit to Utilities Expense for $200 and a credit to Cash
The following error was discovered: Office supplies purchased for $200 was recorded by a debit to Utilities Expense for $200 and a credit to Cash for $200. Which one of the following entries would correct this error? Multiple Choice O Debt Office Supplies for $400 and credit Cash for $400. O Debit Office Supplies for 200 and credit Utilities Expense for $400 No correcting entry is needed Debt Office Supplies for $200 and credit U s Expense for $200
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