In the bank reconciliation there is reference to a deposit in transit of $1,000. In the general journal the adjusting entry we would expect to see reflecting the $1,000 deposit in transit would be:

Multiple Choice

dr cash but nor corresponding credit (a one sided entry to correct the bank error)

None of the other alternatives are correct

dr bank 1,000 and cr cash 1,000

dr cash 1,000 and cr sales 1,000

dr cash 1,000 and cr cash receipts 1,000