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zing Transactions OBJ. 4 PE 2-7A Correcting entries The following errors took place in journalizing and posting transactions: a. Rent expense of $4,650 paid for
zing Transactions OBJ. 4 PE 2-7A Correcting entries The following errors took place in journalizing and posting transactions: a. Rent expense of $4,650 paid for the current month was recorded as a debit to Miscel laneous Expense and a credit to Rent Expense. b. The payment of $3,700 from a customer on account was recorded as a debit to Cash and a credit to Accounts Payable. Journalize the entries to correct the errors. Omit explanations
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