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

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?
A . Debit Receivables $27, Credit Sales $27 and increase the balance owing by Sammy
B . Debit Receivables $27, Credit Sales $27 and decrease the balance owing by Sammy
C . Debit Sales $27, Credit Receivables $27 and increase the balance owing by Sammy
D . Debit Sales $27, Credit Receivables $27 and decrease the balance owing by Sammy

View Answer

Answer: D