Acompany deposited a $420 check in its bank account. however, the amount was recorded as $240 in the company’s books (checkbook). which journal entry adjustment should the accountant make? a. the cash account will be debited by $420. b. the cash account will be credited by $240. c. the cash account will be debited by $180. d. the cash account will be credited by $420.
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Acompany deposited a $420 check in its bank account. however, the amount was recorded as $240 in the...
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