If a Bank Reconciliation Included a Credit Memo for a $2,000

question 32

Multiple Choice

If a bank reconciliation included a credit memo for a $2,000 note collected with an additional $20 of interest revenue, the entry to record this reconciling item would include a:

• A)credit to note receivable for $2,020.
• B)credit to cash for $2,020.
• C)debit to cash for $2,020.
• D)No entry is required.

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Individuals who identify as lesbian, gay, bisexual, transgender, queer, or questioning, encompassing a diverse community with varying sexual orientations and gender identities.

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