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Mathematics, 19.12.2021 14:00 Lewis5442
Cullumber Company discovered the following errors made in January 2020. 1. A payment of Salaries and Wages Expense of $490 was debited to Equipment and credited to Cash, both for $490. 2. A collection of $5,800 from a client on account was debited to Cash $580 and credited to Service Revenue $580. 3. The purchase of equipment on account for $480 was debited to Equipment $850 and credited to Accounts Payable $850 (a) Correct the errors by reversing the incorrect entry and preparing the correct entry. (Credit account titles are automatically inde when amount is entered. Do not indent manually.)
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Cullumber Company discovered the following errors made in January 2020. 1. A payment of Salaries and...
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