If an amount paid for servicing vehicles has been posted in error to the Motor vehicles account

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If an amount paid for servicing vehicles has been posted in error to the Motor vehicles account the journal entry necessary to correct this error should require which of the following:

(a) Debit Cash account and credit Motor vehicles account

(b) Debit Vehicle maintenance account and credit Motor vehicles account

(d) Debit Vehicle maintenance account and credit Cash account

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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Question Posted: Aug 31, 2023 02:26 AM

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If an amount paid for servicing vehicles has been posted in error to the Motor vehicles account

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b Debit Vehic...View the full answer

Financial Accounting An Introduction

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