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Prepare the compound general journal entry

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Question - On April 2, 2016, you discovered that your newly hired bookkeeper made an error when recording a transaction the previous day. The errant bookkeeper posted a cash payment of repair expense on the truck for $172 was recorded as a debit to Equipment $127 and a credit to Cash $127. Prepare the compound general journal entry (without explanation) needed to correct this error. If no entry is required then write "No Entry Required."

Reference no: EM131695872

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