Correcting a customer payment posted to the wrong account
Transaction
A customer paid $3,630.00 on account by check. The bookkeeper debited Cash and credited Sales Revenue instead of Accounts Receivable. Record the correcting entry.
Assumptions: The original sale was recorded correctly when the goods were sold on account.
Accounts
Tap an account, then choose Debit or Credit and type the amount. × removes a line.
Debit
No lines yet. Choose an account above.
Credit
No lines yet. Choose an account above.
Debits $0.00Credits $0.00
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