Corbin Company Was Charged $25 for a Check Printing Service

question 89

Multiple Choice

Corbin Company was charged $25 for a check printing service fee associated with its checking account.Which journal entry is required?

• A)Debit Miscellaneous Expense for $25 and credit Accounts Payable for $25.
• B)Debit Miscellaneous Expense for $25 and credit Accounts Receivable for $25.
• C)Debit Miscellaneous Expense for $25 and credit Cash for $25.
• D)No journal entry is required.

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Definitions:

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone.

Bystander Effect

The tendency for any given bystander to be less likely to give aid if other bystanders are present.

Interpersonal Attraction

A force that draws people together, leading to friendship or romantic relationships.

Physical Arousal

A physiological response of the body to stimuli, leading to increased heart rate, respiration, and energy preparation.