Examlex

Solved

Dawes Pty Ltd Received Its Monthly Bank Statement Showing Bank \quad

question 26

Short Answer

Dawes Pty Ltd received its monthly bank statement showing bank charges of $20.The transaction should be recorded as:
A. DR Cash \quad CR Bank charges

B. DR Accounts payable \quad CR Cash

C. DR Bank charges \quad CR Cash

D. No record is necessary.

Comprehend the nuances of conducting effective literature searches and the importance of choosing appropriate search terms.
Recognize the difference in interfaces and functionalities between scholarly databases and general search engines.
Understand the purpose and components of a literature review in research.
Differentiate between bias and unbiased resources and the importance of critical evaluation of sources.

Definitions:

Voidable

A contract or transaction that is legally valid but may be declared void by one of the parties.

Unenforceable

Refers to a contract or clause that, due to legal deficiencies or fairness issues, cannot be compelled or enforced by law.

Annullable

Refers to something that can be declared void or invalid, usually in a legal context.

Unintentional

An action or outcome that occurs without a deliberate plan or purpose.

Related Questions