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0.66points eBookReferences Check my workCheck My Work button is now disabled Item 1 Item 1 0.66 points On March 30, a firm's bank reconciliation statement
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Item 1
Item 1 0.66 points
On March 30, a firm's bank reconciliation statement shows a book balance of $31,640, an NSF check of $800, and a service charge of $40. The journal entry on March 30 to record these items would be:
DEBIT | CREDIT | ||
(A) | Accounts Receivable | 800 | |
Bank Fees Expense | 40 | ||
Cash | 840 | ||
(B) | Cash | 840 | |
Bank Fees Expense | 40 | ||
NSF Expense | 800 | ||
(C) | Miscellaneous Expenses | 840 | |
Cash | 840 | ||
(D) | Cash | 840 | |
Accounts Receivable | 800 | ||
Bank Fees Expense | 40 | ||
Multiple Choice
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Option A.
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Option D.
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Option C.
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Option B.
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