Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

22 Paused n English (en) Madhawi Ibrahim Suliman Alzakri On June 31, 2020, Green company received a bank statement with a balance of 220,500 SR.

22 image text in transcribed
Paused n English (en) Madhawi Ibrahim Suliman Alzakri On June 31, 2020, Green company received a bank statement with a balance of 220,500 SR. Reconciling items included error made by the accountant of the company of 4,500 check recorded as 4,050 SR. The necessary adjusting entry on March 31 on the books of Green Company to fix the error is: Select one: O a. Dr. Cash 450 SR Cr. Sales Revenues 450 SR b. Dr. Cash 450 SR Cr. Account Payable 450 SR C. Dr. Account Payable 450 SR Cr. Cash 450 SR d. Dr. Sales Revenues 450 SR Cr. Cash 450 SR Clear my choice the following

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing The Ultimate Guide To Performing Internal And External Audits

Authors: Greg Shields

1st Edition

1647483344, 978-1647483340

More Books

Students also viewed these Accounting questions