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    blossom20002000's Avatar
    blossom20002000 Posts: 4, Reputation: 1
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    #1

    Jun 24, 2008, 12:02 PM
    Recording in journal
    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's Avatar
    brandizzle Posts: 8, Reputation: 1
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    #2

    Jun 24, 2008, 12:03 PM
    An adjustment debiting cash for the difference. Do you have accounting 2 at kaplan??
    blossom20002000's Avatar
    blossom20002000 Posts: 4, Reputation: 1
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    #3

    Jun 24, 2008, 12:05 PM
    No
    brandizzle's Avatar
    brandizzle Posts: 8, Reputation: 1
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    #4

    Jun 24, 2008, 12:07 PM
    Sorry, same question on my accounting 2 final exam at kaplan

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