wett09
Jun 21, 2008, 02:21 PM
Receipts from cash sales of $9,500 were recorded incorrectly in the cash receipts journal as $5,900. What entry is required in the depositor's accounts?
a) debit Sales; credit Cash
b) ebit Cash; credit Accounts Receivable
c) debit Cash; credit Sales
d) debit Accounts Receivable; credit Cash
a) debit Sales; credit Cash
b) ebit Cash; credit Accounts Receivable
c) debit Cash; credit Sales
d) debit Accounts Receivable; credit Cash