Question
When cash from a refundable deposit is forefeited by a customer, the journal entry will include: Multiple Choice A credit to a current liability A
When cash from a refundable deposit is forefeited by a customer, the journal entry will include:
Multiple Choice
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A credit to a current liability
-
A credit to cash
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A debit to revenue
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A debit to an expense account
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Auditing
Authors: Karla M. Johnstone, Audrey A. Gramling, Larry E. Rittenberg
8th International Edition
0538477660, 978-0538477666
