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Zuhoor Muscat Company had recorded a RO 1,500 purchase of Supplies on account as a debit to Rent Expense and a credit to Cash. To correct this error directly (without a reversing entry) will include a: O a. debit to Supplies RO 1,500 and credit to Accounts Payable RO 1,500 O b. debit to Computer Stationary RO 1,500 and credit to Accounts Payable RO 1,500 O c. debit to Cash RO 1,500 and credit to Computer Stationary RO 1,500 O d. debit to Accounts Payable RO 1,500 and credit to Computer Stationary RO 1,500 None of the options are correct

Zuhoor Muscat Company had recorded a RO 1,500 purchase of Supplies on account as a debit to Rent Expense and a credit to Cash. To correct this error directly (without a reversing entry) will include a: O a. debit to Supplies RO 1,500 and credit to Accounts Payable RO 1,500 O b. debit to Computer Stationary RO 1,500 and credit to Accounts Payable RO 1,500 O c. debit to Cash RO 1,500 and credit to Computer Stationary RO 1,500 O d. debit to Accounts Payable RO 1,500 and credit to Computer Stationary RO 1,500 None of the options are correct

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Zuhoor Muscat Company had recorded a RO 1,500 purchase of Supplies on account as a debit to Rent Expense and a credit to Cash. To correct this error directly (without a reversing entry) will include a: O a. debit to Supplies RO 1,500 and credit to Accounts Payable RO 1,500 O b. debit to Computer Stationary RO 1,500 and credit to Accounts Payable RO 1,500 O c. debit to Cash RO 1,500 and credit to Computer Stationary RO 1,500 O d. debit to Accounts Payable RO 1,500 and credit to Computer Stationary RO 1,500 O e. None of the options are correct
Transcribed Image Text:Zuhoor Muscat Company had recorded a RO 1,500 purchase of Supplies on account as a debit to Rent Expense and a credit to Cash. To correct this error directly (without a reversing entry) will include a: O a. debit to Supplies RO 1,500 and credit to Accounts Payable RO 1,500 O b. debit to Computer Stationary RO 1,500 and credit to Accounts Payable RO 1,500 O c. debit to Cash RO 1,500 and credit to Computer Stationary RO 1,500 O d. debit to Accounts Payable RO 1,500 and credit to Computer Stationary RO 1,500 O e. None of the options are correct
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