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?
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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?
An adjustment debiting cash for the difference. Do you have accounting 2 at kaplan??
No
Sorry, same question on my accounting 2 final exam at kaplan
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