Multiple Choice
During a bank reconciliation,S & C Inc.discovered a NSF check from their customer,Marla Hicks for $35.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 - M.Hicks,credit Cash
D) No journal entry is required.
Correct Answer:
Verified
Correct Answer:
Verified
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