What advantage(s) can come from having a river as a natural boundary, when used in conjunction with more traditional barriers su
1 answer:
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Answer:
c. Debit Cash $745; credit Note Receivable $745.
Explanation:
It is very difficult to understand your question since it is typed in a very complex manner. I have attached a screen shot that contains the similar question, it helped me and will help others to understand the data given.
a. This entry has already been recorded in the company's accounts. It should be reconciled with the Bank Account.
b. A miscellaneous expense has been incurred but it was paid and not on credit.
c. Correct Entry. As you can see that a Note Receivable has been collected by bank from customer. So, we have to increase the Cash balance by debiting it and remove the receivables by crediting it.
d. Sales transaction is never a part of Bank Reconciliation.
e. $745 has been collected from customer and not paid to vendor. The amount paid is $1,730 which is already recorded in the Books.
