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17.18 Paula Co is reconciling its receivables control account and has discovered the lonomn An invoice for $110 had been recorded in the receivables ledger as $1,100 (2) A cash sale of $100 to a customer had been posted to the receivables ledger Where should each of the corrections be recorded? Item 1 Item 2 A Control account Receivables ledger Control account B. Receivables ledger Control account Receiva C. Control account les ledger

17.18 Paula Co is reconciling its receivables control account and has discovered the lonomn An invoice for $110 had been recorded in the receivables ledger as $1,100 (2) A cash sale of $100 to a customer had been posted to the receivables ledger Where should each of the corrections be recorded? Item 1 Item 2 A Control account Receivables ledger Control account B. Receivables ledger Control account Receiva C. Control account les ledger

Century 21 Accounting Multicolumn Journal
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter10: Accounting For Sales And Cash Receipts
Section10.4: Posting From A Cash Receipts Journal
Problem 1OYO
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17.18 Paula Co is reconciling its receivables control account and has discovered the following Items: (1) A cash sale of $100 to a customer had been posted to the receivables ledger An invoice for $110 had been recorded in the receivables ledger as $1,100 (2) Where should each of the corrections be recorded? Item 1 Control account Receivables ledger Item 2 Control account Receivables ledger Control account Control account Receivables ledger Receivables ledger ABCD
Transcribed Image Text:17.18 Paula Co is reconciling its receivables control account and has discovered the following Items: (1) A cash sale of $100 to a customer had been posted to the receivables ledger An invoice for $110 had been recorded in the receivables ledger as $1,100 (2) Where should each of the corrections be recorded? Item 1 Control account Receivables ledger Item 2 Control account Receivables ledger Control account Control account Receivables ledger Receivables ledger ABCD
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