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Lawrence Company has cash in bank of $22,000, restricted cash for the purpose of paying down long term debt in a separate account of $4,000,
Lawrence Company has cash in bank of $22,000, restricted cash for the purpose of paying down long term debt in a separate account of $4,000, and a bank overdraft in an account at another bank of $2,000. Lawrence should report cash of $20,000 $25,000 $22,000 $26,000. D Question 22 2 pts AG Inc. made a $15,000 sale on account with the following terms: 1/15. n/30. If the company uses the net method to record sales made on credit, what is/are the debit(s) in the journal entry to record the sale? Discussions Debit Accounts Receivable for $14,850. Debit Accounts Receivable for $14,850 and Sales Discounts for $150. Debit Accounts Receivable for $15.000 and Sales Discounts for $150. Debit Accounts Receivable for $15,000
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