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Business, 19.02.2021 02:50 yesenia1162

The following errors took place in journalizing and posting transactions: Cash of $8,800 received on account was recorded as a debit to Fees Earned and a credit to Cash. A $1,760 purchase of supplies for cash was recorded as a debit to Supplies Expense and a credit to Accounts Payable. Note: Prepare the entry to reverse the original entry first.

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