Question: After posting a payment for an invoice and preparing the cheque, you discover that you forgot to take the early payment discount that you were

After posting a payment for an invoice and preparing the cheque, you discover that you forgot to take the early payment discount that you were entitled to take. What corrections would be needed, if any, for the following situation? You posted the journal entry and generated the cheque from within Sage 50 for the undiscounted amount and sent the cheque to the supplier. If you did not make any corrections, how would your accounts and reports be affected

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