Following the completion of the bank reconciliation, an adjusting entry was made that debited cash and credited Interest Revenue. Therefore the bank reconciliation must have included an item that was:
A. deducted from the balance according to company
B. deducted from the balance according to bank
C. added to the balance according to bank
D. added to the balance according to company
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Following the completion of the bank reconciliation, an adjusting entry was made that debited cash and credited Interest Revenue. Therefore ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The production function in an economy is: Y = 2 (5.00Nminus0.0025Nsquared ), where the marginal product of labor is given by: MPN = 2 (5.00minus0.0050N ). The equation for the labor supply curve is: NS = 55.
Answers (1)
A market has four Individuals, each considering buying a grill for his backyard. Further assume that grills come in only one size and model.
Answers (1)
There are hundreds of high school students in need of algebra tutoring services. Dozens of companies offer tutoring services, and they view the quality of the tutoring at the different companies to be largely the same 1.
Answers (1)
The "Brasher doubloon," which was featured in the plot of the Raymond Chandler novel, The High Window, was sold at auction in 2014 for $4,582,500.
Answers (1)
Grace owns a house. She can rent her house for two years to one tenant for a profit of $24,000 a year, or she can rent it to two tenants each year for a profit of $10,000 per tenant per year.
Answers (1)
New Questions in Business
When a person has a comparative advantage in producing a good or service, the person has A. a higher opportunity cost in producing that product than someone else. B. a constant opportunity cost in producing that product. C.
Answers (1)
Growth Enterprises believes its latest project, which will cost $80,000 to install, will generate a perpetual growing stream of cash flows.
Answers (1)
A school's band members raised money by selling magazine subscriptions and shirts. Their profit from selling shirts was $/$5$ per shirt minus a one-time $/$40$ set-up fee. Their profit from selling magazine subscriptions was $/$4$ per subscription.
Answers (1)
The most likely reason a firm would pay its sales representatives a commission rather than a salary is that it wants to
Answers (1)
When Sandra and Charles Givens were divorced, the court ordered a division of property and awarded Sandra $65,000. The award was a judgment against Charles, who failed to pay it. Sandra asked the court to find Charles in contempt.
Answers (1)