Journal entries are required by the depositor for all of the following except
Entry field with correct answer
collection of a note receivable.
an NSF check.
bank errors.
bank service charges.
Answer
bank errors.
In a bank reconciliation, a bank service charge is
Entry field with correct answer
deducted from the book balance.
added to the book balance.
added to the bank balance.
deducted from the bank balance.
Answer
deducted from the book balance.
On a bank reconciliation, outstanding checks are
Entry field with correct answer
added to the book balance.
deducted from the bank balance.
added to the bank balance.
deducted from the book balance.
Answer
deducted from the bank balance.
On a bank reconciliation, collection of a note receivable by the bank is
Entry field with correct answer
deducted from the bank balance.
added to the book balance.
added to the bank balance.
deducted from the book balance.
Answer
added to the book balance.
Entry field with correct answer
collection of a note receivable.
an NSF check.
bank errors.
bank service charges.
Answer
bank errors.
In a bank reconciliation, a bank service charge is
Entry field with correct answer
deducted from the book balance.
added to the book balance.
added to the bank balance.
deducted from the bank balance.
Answer
deducted from the book balance.
On a bank reconciliation, outstanding checks are
Entry field with correct answer
added to the book balance.
deducted from the bank balance.
added to the bank balance.
deducted from the book balance.
Answer
deducted from the bank balance.
On a bank reconciliation, collection of a note receivable by the bank is
Entry field with correct answer
deducted from the bank balance.
added to the book balance.
added to the bank balance.
deducted from the book balance.
Answer
added to the book balance.
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