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X Co. has an outstanding balance owed to a vendor, Y. Co., for supplies purchased...

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Accounting

X Co. has an outstanding balance owed to a vendor, Y. Co., for supplies purchased last month in the amount of $5,000. X Co. made a partial payment to Y. Co for half the balance of the account. Which of the following is the correct journal entry that X Co. should record on their general ledger?

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