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Question
A $130 credit to Office Equipment was credited to Fees Earned by mistake. By what amounts are the accounts under- or overstated as a result of this error?A.Office Equipment, understated $130; Fees Earned, overstated $130.
B.Office Equipment, understated $260; Fees Earned, overstated $130.
C.Office Equipment, overstated $130; Fees Earned, overstated $130.
D.Office Equipment, overstated $130; Fees Earned, understated $130.
E.Office Equipment, overstated $260; Fees Earned, understated $130.
Answer
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Related questions
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