Respond to the following in a minimum of 175 words: As the full-time bookkeeper, your job is to make corrections to the general ledger accounts. Each correction needs the reason for the change and the...

Respond to the following in a minimum of 175 words:

As the full-time bookkeeper, your job is to make corrections to the general ledger accounts. Each correction needs the reason for the change and the effect on each account, whether it is an increase or decrease.

For the third time this month, a co-worker has recorded a cash receipt twice and wants you to record a correcting entry that will reverse the mistakes. The correcting entry will record a credit to the Cash account and a debit to the Sales account. Your co-worker has offered to buy you dinner for fixing this mistake.

What should you investigate before deciding whether or not to record the correcting entry? What is happening to the Cash account? Would you accept the dinner offer from your co-worker for fixing the mistake?