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Correcting the Trial Balance :Alpha received cash of $700 from a customer to satisfy an existing account receivable but incorrectly recorded it as a credit
Correcting the Trial Balance:Alpha received cash of $700 from a customer to satisfy an existing account receivable but incorrectly recorded it as a credit sale.
Which option is correct for the Debit column:
a) The correct answer is not listed
b)+700, -700, -700
c)+700
d)No correction is required
e)+700, -700
Which option is correct for the Credit column
a)+700
b)+700, -700
c)The correct answer is not listed
d)-700
e)No correction is required
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