Thanks so much! sorry for the lousy quality, I had to crop it.

Place the cash in an account monitored by a third party until the services are performed Question 6 While reconciling its cash, Cadunt Corporation discovered a debit memorandum from its bank for a $2.500 NSF check plus a $50 bank charge. The journal entry to record this transaction includes: Debit Accounts Receivable for $2.550 De Bank Expense for $50. Debit Accounts Recevable for 2450 Den God Debt Expense for $2.550. Question 7 Respit Corporation has employees who each earn $300 per day. Assume the company pays its employees every Friday and the accounting year ends on Thursday. What is the necessary year and adjusting entry for wages? Detik W Expense for $1.500. Credit Cash for $6,000 Debit Wates Expense for 57.500 Credit Wiges Payable for $6.000