Mathematics, 29.10.2020 19:50 khynia11

A company 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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A company deposited a $420 check in its bank account. However, the amount was recorded as $240 in th...