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Following the February bank reconciliation, Franklin Resources Company's accountant made the following entry in the journal of Franklin Company: Accounts receivable Cash 150 150 Which
Following the February bank reconciliation, Franklin Resources Company's accountant made the following entry in the journal of Franklin Company: Accounts receivable Cash 150 150 Which of the following is a possible explanation for this journal entry? Multiple Choice A customer's NSF check was returned. The collection of an account receivable by Franklin that is part of a deposit in transit. Bank charges, owed by Franklin to the bank -1 here to search o II 1 5797
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