Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
3 Cards in this Set
- Front
- Back
|
Which of the following is the correct adjusting entry for the account holder when the bank submits a debit memorandum for a monthly service charge of $30? |
Miscellaneous Exp. 30 Cash 30 |
|
|
Which of the following is the correct adjusting entry for the account holder when the bank submits a debit memorandum for a monthly service charge of $30? |
Miscellaneous Exp. $30 Cash. $30 |
|
|
Schwann Company assembles the following information in completing its March bank reconciliation Balance per banking 14224 Outstanding Checks. 2480 Deposits in transit. 4000 NSF check. 256 Bank service charge. 80 Cash balance per books. 14080 |
Reduce its cash account by $336 |
