20 -In the cash count made on 10.05.202, a cash balance of 25.000 TL was determined. As of the same date, the total debit of the cash account is TL 45,000, and the total receivable is TL 15,000. Which of the following calculations is correct in this situation? a)397 Count and Receipt Surplus Hs. 5.000 TL (Creditor) B)760 Marketing Sales and Distribution Expenses Hs. 5,000 (Borrower) NS)770 General Administrative Expenses Hs. 5,000 (Borrower) D)100 Case Hs. 5,000 TL (Borrower) TO)197 Lack of Counting and Receipt Hs. 5,000 TL (Borrower)

Answered: In the cash count made on 10.05.202, a…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

20 -

In the cash count made on 10.05.202, a cash balance of 25.000 TL was determined. As of the same date, the total debit of the cash account is TL 45,000, and the total receivable is TL 15,000. Which of the following calculations is correct in this situation?

a)	397 Count and Receipt Surplus Hs. 5.000 TL (Creditor)

B)	760 Marketing Sales and Distribution Expenses Hs. 5,000 (Borrower)

NS)	770 General Administrative Expenses Hs. 5,000 (Borrower)

D)	100 Case Hs. 5,000 TL (Borrower)

TO)	197 Lack of Counting and Receipt Hs. 5,000 TL (Borrower)

Expert Solution

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions