question archive A check drawn by a company in payment of a voucher for $965 was recorded in the journal as $695

A check drawn by a company in payment of a voucher for $965 was recorded in the journal as $695

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A check drawn by a company in payment of a voucher for $965 was recorded in the journal as $695. What entry is required in the company's accounts?

    1. debit Accounts Payable; credit Cash
    2. debit Cash; credit Accounts Receivable
    3. debit Cash; credit Accounts Payable
    4. debit Accounts Receivable; credit Cash

 

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