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Q7.34: Heidi McGregor reconciles the bank statement for MacRiley Company. The bank statement shows a amount debited to the account for processing credit card transactions.

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Q7.34: Heidi McGregor reconciles the bank statement for MacRiley Company. The bank statement shows a amount debited to the account for processing credit card transactions. The entry Heide will most likely record will contain a debit to A Cash and credit to Bank Charge Revenue. B Accounts Receivable and credit to Cash. Bank Charge Expense and credit to Cash. Cash and credit to Sales Revenue

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