Business, 24.11.2021 17:30 chumreaper2002
Prepare the necessary correcting entry for each of the following. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
a. A payment on account of $840 was debited to Accounts Payable $480 and credited to Cash $480.
b. The collection of Accounts Receivable of $680 was recorded as a debit to Cash $680 and a credit to Service Revenue $680.
No. Account Titles and Explanation Debit Credit
a.
b.
Answers: 3
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Prepare the necessary correcting entry for each of the following. (Credit account titles are automat...
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