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Unformatted text preview: and credited to Accounts Payable $380. 4. The receipt of $800 from a customer for future services was recorded as a debit to Accounts Receivable $800 and a credit to Service Revenue $800. Instructions Prepare the correcting entries at May 31 assuming the incorrect entry is not reversed. (Omit explanations.)...
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This note was uploaded on 04/04/2009 for the course ACC 321 taught by Professor Ahmedmokhtar during the Spring '09 term at Ain Shams University.
- Spring '09
- Financial Accounting