A cash payment from a credit customer was incorrectly posted to sales revenue acco unt. To correct
Question:
A cash payment from a credit customer was incorrectly posted to sales revenue acco unt. To correct this error the required entry is:
(a) Debit cash, credit sales revenue;
(b) Credi t cash, debit sales revenue;
(c) Credit trade debtors, debit sales revenue;
(d) Debit trade debtors, credit sales revenue.
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Related Book For
Financial Accounting And Reporting An Introduction
ISBN: 978-0333346402
1985 Edition
Authors: R. Limmack
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