Transaction Outstanding check Interest income NFS check Wire transfer by customer Deposit in transit Bank charges No Journal Entry Needed Journal Entry Needed Debit Credit
Transaction Outstanding check Interest income NFS check Wire transfer by customer Deposit in transit Bank charges No Journal Entry Needed Journal Entry Needed Debit Credit
Chapter17: The Management Of Cash And Marketable Securities
Section: Chapter Questions
Problem 1QTD
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Question. Which of the following transactions has to be recorded in the journal? Specify whether the entry will be a debit or a credit and the account to which it will be applied. If "NA" is not applicable, choose it.
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