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Chrome File Edit View History Bookmarks People Window Help ? ?, us. 64%-) Tue 12

ID: 2554009 • Letter: C

Question

Chrome File Edit View History Bookmarks People Window Help ? ?, us. 64%-) Tue 12:01 AM a MMCC Portal CSecure https://moodle.midmich.edu/mod/quiz/attempt.php?attempt-1144655&page-2; C Home | Chegg.com fn Chapter #8 Quiz Moodle ???.201.M03.2018WI (56048) Financial Accounting Dashboard ACC-201 .M03.2018Wl (56048) > March 17-March 23 > Chapter #8 Quiz Question 3 Not yet answered Points out of 1,00 QUIZ NAVIGATION Finish attempt Accompanying the bank statement was a debit memo for bank service charges. What entry is required in the company's accounts? Select one a. debit Miscellaneous Administrative Expense; credit Cash b. debit Cash; credit Accounts Payable O c. debit Cash; Credit Other Income O d. debit Accounts Payable; credit Cash

Explanation / Answer

Option a. is correct answer.

Account Titles Miscellaneous Administrative expense Debit Cash Credit
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