Mathematics, 21.03.2021 23:50, hcpswalkertl3

A debtor, who owed a company $565, deposited a check in the bank. The bank credited the company's account by the same account. However, in the company's checkbook balance, it was credited as $556. What will the adjusting journal entries be? The company will debit the cash account with $ and to the accounts receivable account the same amount to rectify the error.

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A debtor, who owed a company $565, deposited a check in the bank. The bank credited the company's ac...