![subject](/tpl/images/cats/ekonomika.png)
Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $14,800. The bank reconciliation for the period showed an adjustment for a deposit in transit of $1,200, outstanding checks of $1,600, a NSF check of $560, bank service charges of $24 and the EFT from a customer in payment of the customer's account of $1,200.
What journal entry should be recorded by Egrane for the NSF check returned?
(A) Debit Accounts Recelvable and credit Cosh for $560
(B) Debit Cosh and credit Accounts Receivable for $560
(C) Debit Cash and credit Accounts Payable for $560
(D) No joumal entry is necessary for this Item
![ansver](/tpl/images/cats/User.png)
Answers: 2
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 16:40, lbabineaux9887
Elephant, inc.'s cost of goods sold for the year is $2,000,000, and the average merchandise inventory for the year is $129,000. calculate the inventory turnover ratio of the company. (round your answer to two decimal places.)
Answers: 1
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 06:30, coralaguilar1702
73. calculate the weighted average cost of capital (wacc) based on the following information: the equity multiplier is 1.66; the interest rate on debt is 13%; the required return to equity holders is 22%; and the tax rate is 35%. (a) 15.6% (b) 16.0% (c) 15.0% (d) 16.6% (e) none of the above
Answers: 2
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 19:00, princessbri02
In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of:
Answers: 1
You know the right answer?
Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $14,800. The bank reconci...
Questions in other subjects:
![Konu](/tpl/images/cats/himiya.png)
Chemistry, 13.10.2020 01:01
![Konu](/tpl/images/cats/en.png)
English, 13.10.2020 01:01
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 13.10.2020 01:01
![Konu](/tpl/images/cats/himiya.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 13.10.2020 01:01
![Konu](/tpl/images/cats/mat.png)
Mathematics, 13.10.2020 01:01
![Konu](/tpl/images/cats/health.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 13.10.2020 01:01