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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

  • Option A.

  • Option D.

  • Option C.

  • Option B.

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