Question: HELP PLEASE A check issued for $598 to pay a vendor on account was recorded in the firm's records as $859, the canceled check was

HELP PLEASE

A check issued for $598 to pay a vendor on account was recorded in the firm's records as $859, the canceled check was properly listed on the bank statement at $598. The Journal entry for this reconciling item would include: Multiple Choice a debit to Accounts Payable for $261 a debit to cash for $261 debit to Cash for $59 credit to Necounts Payable for 3500

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