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?
brandizzle
Jun 24, 2008, 12:03 PM
An adjustment debiting cash for the difference. Do you have accounting 2 at kaplan??
blossom20002000
Jun 24, 2008, 12:05 PM
No
brandizzle
Jun 24, 2008, 12:07 PM
Sorry, same question on my accounting 2 final exam at kaplan