Question 23 (3 points) The following two errors related to Cash recording are found by...
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Question 23 (3 points) The following two errors related to Cash recording are found by a firm. 1. The firm recorded a payment of accounts payable of $3,700 by debiting Cash and crediting Accounts payable. 2. The firm recorded a prepayment of $4,900 of rent as $9,400 with correct debits and credits. Before correcting the above errors, cash has a debit balance of $25,000. What is the orrect Cash balance after correcting the above errors? (3 points) AJ revious Page Next Page Page 23 of
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