An invoice to Sammy has been entered in the sales day book as $85 instead...

CIMA BA3 Question Answer

An invoice to Sammy has been entered in the sales day book as $85 instead of $58.

To correct the position, which of the following procedures should be adopted?

Debit Receivables $27, Credit Sales $27 and increase the balance owing by Sammy

Debit Receivables $27, Credit Sales $27 and decrease the balance owing by Sammy

Debit Sales $27, Credit Receivables $27 and increase the balance owing by Sammy

Debit Sales $27, Credit Receivables $27 and decrease the balance owing by Sammy

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