Question
22. Which of the following items should be added to the balance sheet according to company records in a bank reconciliation? a. bank service charges
22. Which of the following items should be added to the balance sheet according to company records in a bank reconciliation? a. bank service charges b. outstanding checks c. deposits in transit d. receivable notes collected by the bank
38. The journal entry to record a note receivable in substitution for an account receivable is (The journal entry to record a note received from a customer to apply on account is) a. debit to Notes Receivable; credit to Accounts Receivable b. debit to Accounts Receivable; Credit to Notes Receivable c. debit to Cash; Credit to Notes Receivable d. debit to Notes Receivable; Credit to Notes Payable
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