A bookkeeper incorrectly journalized an invoice to a customer for work done on account as...
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Accounting
A bookkeeper incorrectly journalized an invoice to a customer for work done on account as a debit to cash and a credit to service revenue. What is the impact of this error on the trial balance, the cash account, and the accounts receivable account? (Hint: draw the relevant T-accounts!) Select one: O a. The trial balance would be in balance, accounts receivable would be overstated, and cash would be understated. b. The credit side of the trial balance would be higher than the debit side, cash would be correctly stated, and accounts receivable would be correctly stated. Oc. The debit side of the trial balance would be higher than the credit side, cash would be correctly stated, and accounts receivable would be understated. Od. The trial balance would balance, accounts receivable would be understated, and cash would be overstated
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