If a company record a $200 cheque by debiting salary expense and credit cash for $20, what will it influnce the book account on the bank reconciliation statement? a. we need to add $180 on the book acoount b. we need to decrease $180 on the book account
If a company record a $200 cheque by debiting salary expense and credit cash for $20, what will it influnce the book account on the bank reconciliation statement? a. we need to add $180 on the book acoount b. we need to decrease $180 on the book account
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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If a company record a $200 cheque by debiting salary expense and credit cash for $20, what will it influnce the book account on the
a. we need to add $180 on the book acoount
b. we need to decrease $180 on the book account
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