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Receipts from cash sales of $7,500 were recorded incorrectly in the cash receipts journal as $5,700. What entry is required in the company's accounts? debit
Receipts from cash sales of $7,500 were recorded incorrectly in the cash receipts journal as $5,700. What entry is required in the company's accounts? debit Sales; credit Cash debit Cash; credit Accounts Receivable debit Cash; credit Sales debit Accounts Receivable; credit Cash Step by Step Solution
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Auditing
Authors: Alan Millichamp, John Taylor
10th Edition
1408044080, 978-1408044087
