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Thomas Company has employed a bookkeeper who is inexperienced. On December 27, after reviewing the records for the year, you discover the following...

Thomas Company has employed a bookkeeper who is inexperienced. On December 27, after reviewing the records for the year, you discover the following error.

On June 1, Thomas Company paid a supplier $800 on account. The bookkeeper recorded this by debiting Cash for $800 and crediting Accounts Payable for $800.

Required:

Prepare a correcting entry on December 27. Make sure to enter the day for each separate transaction.






















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