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While writing a check for $2,000 on April 26, 2002 for a computer purchased on December 26, 2001, you discover that when the purchase was
While writing a check for $2,000 on April 26, 2002 for a computer purchased on December 26, 2001, you discover that when the purchase was made in December, the $2,000 had been credited to Notes Payable instead of Accounts Payable. If the books are closed, what single entry could you make?
A) Notes Payable 2,000
Accounts Payable 2,000
B) Notes Payable 2,000
Cash 2,000
C) Accounts Payable 2,000
Cash 2,000
D) Accounts Payable 2,000
Notes Payable 2,000
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