Multiple Choice
Bertrand Inc.performed services for clients in the amount of $1,350 on credit.If this transaction had been posted in error to the Cash account instead of the Accounts Receivable account,what correcting entry would be necessary?
A) Debit Accounts Receivable $1,350;credit Cash $1,350
B) Debit Cash $1,350;credit Accounts Receivable $1,350
C) Debit Accounts Receivable $1,350;credit Fees Income $1,350
D) Debit Fees Income $1,350;credit Cash $1,350
Correct Answer:
Verified
Correct Answer:
Verified
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