What entry is required in the company accounts, Accounting Basics

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What entry is required in the company accounts

A check drawn by a company in payment of a voucher for $635 was recorded in the journal as $365. What entry is required in the company's accounts?

1. debit Cash; credit Accounts Receivable

2. debit Accounts Payable; credit Cash

3. debit Cash; credit Accounts Payable

4. debit Accounts Receivable; credit Cash

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Accounting Basics: What entry is required in the company accounts

Reference No:- TGS079338

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Considering deferred compensation plans

Q : Certificates maturity value in two years

Q : What is the total amount invest

Q : What was shareholders equity problem

Q : What entry is required in the company accounts

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Q : Debit in journal entry to record the sale

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What entry is required in the company accounts

Reference No:- TGS079338

Recent Questions Asked Accounting Basics

Q : Considering deferred compensation plans

Q : Certificates maturity value in two years

Q : What is the total amount invest

Q : What was shareholders equity problem

Q : What entry is required in the company accounts

Q : Coupon rate of percent on its new bonds

Q : What is the budgeted tuition revenue

Q : Accelerated depreciation for tax purposes

Q : Debit in journal entry to record the sale

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