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Question 49 Questions BANK RECONCEITION the check 1. Added in the bank ortoftheranda Subtracted in the bank part of the record Subtracted in the book
Question 49 Questions BANK RECONCEITION the check 1. Added in the bank ortoftheranda Subtracted in the bank part of the record Subtracted in the book part of the recention Added in the book part of the randon F. None of the above BANK RECONCILIATION: In a bank reconciliation of the EFT collection is 10.000, what is the journal entry to record the collection on account? a A Dr. Cash 10.000 Cr. Accounts Receivable 10.000 Dr. Cash 0.000 Cr. Arcounts Payable 8000 C. Dr. Accounts Payable 8,000 Cr. Cash 8.000 No Entry Question 50 FINANCIAL STATEMENTS: Which financial statement shows whether or not the company made money? A. Income Statement O 8. Statement of Owner's Fquity Questions O C Balance Sheet D. Statement of Cash Flow JOURNAL ENTRIES: Using the periodi method, what is the journal entry to record the purchase of $2,000 of merchandise inventory on account O E. None of the above Dr. Merchandise inventory 2,000; tr. Mccounts Payable 2,000 B. Dr. Accounts Payable 2,900 Cr. Merchandise Inventory 2.000 oc. Dr. Accounts Payable 2.000 Cr. Purchases 2,000 D. Dr. Furchases 2.000 Cr. Accounts Receivable 2.000 a E. None of the above
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