During a bank reconciliation, Mozart Design discovered a NSF check from their customer, Joe Hart for $93. The journal entry required to update the cash balance would be:
A) Debit cash, credit Accounts Receivable.
B) Debit Accounts Receivable, credit Cash.
C) Debit Accounts Receivable – J. Hart, credit Cash.
D) No journal entry is required.
C) Debit Accounts Receivable – J. Hart, credit Cash.
You might also like to view...
After the aftermath of the tragedy involving fire in garment factories in Bangladesh, Walmart implemented a "zero-tolerance policy"
The Workers Rights Consortium, the International Labor Organization and other groups monitoring labor issues are stepping up pressure on companies that participate in the global garment supply chain due to the following reasons, except: A) retailers pay lip service to concerns about factory safety. B) retailers continue to focus on low prices. C) those auditing facilities are audited by BSCI's qualified engineers. D) the buyers and consumer are willing to pay more for garments. E) retailers do not provide funds for fire safety training.
If an employer reasonably anticipates a strike by some of its employees, it may legally arrange a(n) ________ to prevent these employees from entering the work premise
A) strike B) picketing C) employer lockout D) employee lockout
The general description for the processes and skills used in the management of a firm's interactions with people, organizations, and institutions outside of its boundary is called ________.
A. organizational structure B. external relations C. horizontal integration D. social audit
Comprehensive income refers to all changes in equity during a period except those from owners' investments and dividends.
Answer the following statement true (T) or false (F)