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Hi Can you help me with this question Thank you. 4. A deposit in transit has been recorded by the bank but not the company

Hi Can you help me with this question Thank you.

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4. A deposit in transit has been recorded by the bank but not the company A) True B) False 5. The Cash Short and Over account is debited when sales revenue exceeds cash receipts. A) True B) False 6. When using the allowance method, the entry to write off an accounts receivable has no effect on income A) True B) False 7. It is normal to have a debit balance in the allowance for doubtful accounts account after adjusting journal entries at the end of the year. A) True B) False

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