A Credit Customer Paid $200 to Iron Works Company to Reduce

Multiple Choice

A credit customer paid $200 to Iron Works Company to reduce the customer's outstanding balance.However,Iron Works Company erroneously increased sales.Which of the following is the correcting entry to be made?

A)
$\begin{array}{lll} & \mathrm{Dr.}& \mathrm{Cr.}\\\text {Accounts Receivable } & 200 & \\\text { Sales } & &200\\\end{array}$
B)
$\begin{array}{lll} & \mathrm{Dr.}& \mathrm{Cr.}\\\text {Cash } & 200 & \\\text {Accounts Receivable } & &200\\\end{array}$

C)
$\begin{array}{lll} & \mathrm{Dr.}& \mathrm{Cr.}\\\text {Cash } & 200 & \\\text { Accounts Receivable } & &200\\\end{array}$

D)
$\begin{array}{lll} & \mathrm{Dr.}& \mathrm{Cr.}\\\text {Sales } & 200 & \\\text { Accounts Receivable } & &200\\\end{array}$

E)
$\begin{array}{lll} & \mathrm{Dr.}& \mathrm{Cr.}\\\text {Sales} & 200 & \\\text { Cash } & &200\\\end{array}$