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Record the entry related to the September 30 deposit, if required.

User Carren
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Final answer:

The question concerns the accounting entry for a deposit made on September 30. To record this entry, the cash account would be debited, reflecting an increase in the company's assets, and another account would be credited correspondingly.

Step-by-step explanation:

The subject of this question is related to recording a business transaction, specifically a deposit made on September 30. When recording the entry for a deposit in accounting, an increase in cash within the business's bank account is noted. As deposits are assets, the cash account would be debited to indicate an increase in the business's assets. Correspondingly, another account, such as sales revenue or accounts receivable, would be credited to balance the entry, depending on the source of the deposit. If the deposit is from a sale, then the entry may look like a debit to the cash account and a credit to the sales revenue account.

User Heelara
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