Question: The following errors took place in journalizing and posting the transactions below. Journalize the entries to correct the errors. The purchase of supplies of $1,160
The following errors took place in journalizing and posting the transactions below. Journalize the entries to correct the errors.
The purchase of supplies of $1,160 on account was recorded as a debit to Office Equipment and a credit to Supplies. Note: Prepare the entry to reverse the original entry first.
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