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While writing a check for $2,000 on April 26, 20X2 for a computer purchased on December 26, 20X1, you discover that when the purchase was
While writing a check for $2,000 on April 26, 20X2 for a computer purchased on December 26, 20X1, you discover that when the purchase was made in December, the $2,000 had been credited to Notes Payable instead of Ac- counts Payable. If the books are closed, what single entry could you make?
*1- Notes Payable
Accounts Payable
. *2 Notes Payable
Cash
* 3 Accounts Payable
Cash
* 4 Accounts payable
Notes Payable
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