Question
Cash of $1,000 received in advance from a customer was recorded as a debit to accounts receivable and a credit to sales. By the end
Cash of $1,000 received in advance from a customer was recorded as a debit to accounts receivable and a credit to sales. By the end of the year,noneof the revenue had been earned. Alpha did not record an AJE. What corrections, if any, should be madeto the trial balance?
Debit Column?
Credit Column?
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Advanced Financial Accounting
Authors: Richard Baker, Theodore Christensen, David Cottrell
9th edition
78110920, 978-0077899165, 77899164, 978-0077484255, 77484258, 978-0078110924
