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QUESTION 39 A bank does not reduce the account of the depositor of which of the following? All withdrawals through an ATM. A fee assessed

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QUESTION 39 A bank does not reduce the account of the depositor of which of the following? All withdrawals through an ATM. A fee assessed to the depositor's account An uncollectible check O Periodic payments arranged in advance, by a depositor. A deposit to their account QUESTION 40 On September 12, Ryan Company sold merchandise in the amount of $5,800 to Johnson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Ryan uses the periodic inventory system and the net method of accounting for sales. Johnson pays the invoice on September 18, and takes the appropriate discount. The journal entry that Ryan makes on September 18 is: Cash 5, 800 Accounts receivable 5, 800 Cash 4,000 4,000 Accounta receivable 3,920 Cash Sales discounts 4,000 Accounta receivable 5,684 Cash 5, 684 Accounts receivable S,684 Cash 116 Sales discounts 5,800 Accounts receivable

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