Included in the Bank Statement Was a Credit Received from a Customer

question 26

Multiple Choice

Included in the bank statement was a credit received from a customer to settle their account.What entry is required in the company's accounts?

• A) Dr Cash\(\quad \)\(\quad \)\(\quad \)Cr Accounts receivable
• B) Dr Cash\(\quad \)\(\quad \)\(\quad \)Cr Sales
• C) Dr Accounts receivable\(\quad \)Cr Cash
• D) Dr Sales\(\quad \)\(\quad \)\(\quad \)Cr Cash

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Definitions:

Gays And Lesbians

Individuals who are attracted to members of the same sex, with "gay" typically referring to males and "lesbian" to females.

Adjust

To change something slightly in order to make it fit, work better, or be more suitable.

Homophobia

The fear, hatred, discomfort with, or mistrust of people who are gay, lesbian, or bisexual.

Homophobia

is the fear, hatred, or prejudice against homosexual people, often leading to discrimination and social exclusion.