Process Solutions Company Received $193 from a Charge Customer Which

Process Solutions Company received $193 from a charge customer which was recorded and posted as $391. The journal entry to correct the error is:

A) a credit to Cash for $198 and a debit to Income from Services for $198.
B) a debit to Cash for $391 and a credit to Accounts Receivable for $391.
C) a debit to Accounts Receivable for $198 and a credit to Cash for $198.
D) a debit to Cash for $193 and a credit to Accounts Payable for $193.
E) a credit to Cash for $198 and a debit to Accounts Payable for $198.

Correct Answer:

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