Which adjustments would be included in the correcting entry


Question: On November 30, NP Inc., a company that reports under ASPE, discovered that salaries totalling $2,000 for one of its sales staff had incorrectly been debited to sales revenue, rather than to salaries expense. Which of the following adjustments would be included in the correcting entry? Question options: a) Decrease salaries expense by $2,000. b) Decrease cash by $2,000. c) Increase sales revenue by $2,000. d) No correction is necessary as income is not affected.

 

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Accounting Basics: Which adjustments would be included in the correcting entry
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