Question: Select the correct adjusting entry to record from the following information: EFT No. 138 was correctly written and paid by the bank for $409. The

Select the correct adjusting entry to record from the following information: EFT No. 138 was correctly written and paid by the bank for $409. The cash payment journal reflects an entry for EFT No. 138 as a debit to Accounts Payable and a credit to Cash in Bank for $490. Nov. 30 Cash 81 Accounts receivable 81 (To correct error in recording EFT No. 138) Nov. 30 Cash 81 Accounts payable 81 (To correct error in recording EFT No. 138) Nov. 30 Accounts payable 81 Cash 81 (To correct error in recording EFT No. 138) Nov. 30 Cash 490 Accounts receivable 490 (To correct error in recording EFT No. 138)

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