Question: Cornerstone Exercise 4-18 Adjusting Entry from Bank Reconciliation A customer of Mutare paid for merchandise originally purchased on account with a check that has been

Cornerstone Exercise 4-18 Adjusting Entry from Bank Reconciliation A customer of Mutare paid for merchandise originally purchased on account with a check that has been erroneously entered into Mutare's cash account for $570 (It actually has been issued and paid for $750). Required: Record the appropriate journal entry to correct the error. (Correct error in recording cash receipt)

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