Accompanying the Bank Statement Was a Debit Memo for Bank

question 200

Multiple Choice

Accompanying the bank statement was a debit memo for bank service charges. What entry is required in the company's accounts?

• A) debit Miscellaneous Expense; credit Cash
• B) debit Cash; credit Other Income
• C) debit Cash; credit Accounts Payable
• D) debit Accounts Payable; credit Cash

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Definitions:

Mindfulness

Being aware of your thoughts and feelings without becoming attached to them.

Low Autonomy

A state or condition characterized by a lack of independence or freedom to make one's own decisions or choices.

Anxiety And Depression

A mental health condition characterized by feelings of intense worry, sadness, or fear, often accompanied by physical symptoms.

Autonomy

Having control over your actions and life.