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A transfer of funds initiated through a telephone, a computer, or magnetic tape is called an: a. auto-generated funds transfer. O b. electronic funds transfer.
A transfer of funds initiated through a telephone, a computer, or magnetic tape is called an: a. auto-generated funds transfer. O b. electronic funds transfer. O c. online funds transfer. O d. automated funds transfer. Omega Company sells computers. The total cash count for March 15 was $875. Omega maintains a Change Fund of $100. Which of the following is the journal entry to record the day's receipts? O a. Debit Cash by $875 and credit Sales by $875 Ob. Debit Cash by $775 and credit Sales by $775 OC. Debit Sales by $875 and credit Cash by $875 O d. Debit sales by $775 and credit Cash by $775
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