5. Sims Company's accountant recorded the collection of an account receivable by posting a \(...
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Accounting
5. Sims Company's accountant recorded the collection of an account receivable by posting a \( \$ 350 \) debit to Cash and a \( \$ 350 \) credit to Accounts Payable. The proper correcting entry is: Accounts Receivable 350 Cash 350 Accounts Receivable 350 Accounts Payable 350 Accounts Payable 350 Cash 350 Accounts Payable 350 Accounts Receivable 350
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