Identify Whether a Company Debits (Dr)or Credits (Cr)its Cash Account

question 28

Short Answer

Identify whether a company debits (Dr)or credits (Cr)its Cash account to record each of the following transactions:
_____ The company writes a $197.06 cheque.
_____ The company deposits a $5,000 cheque into its account.
_____ In a bank reconciliation,the company discovers that it recorded a $127.35 payment to a supplier as $27.35.
_____ The bank pays $16.00 interest on the company's account.
_____ The company electronically transfers $867 to a supplier.
_____ A customer's cheque in the amount of $31 is returned by the bank as NSF.
_____ The bank charges $12 in fees to the company's bank account.
_____ When preparing the bank reconciliation,the company's accountant discovers a cheque in the amount of $1,000 that had been written but had not been recorded.
_____ A customer electronically transfers $189.43 to the company's bank account.

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Definitions:

Gait Belt

A belt-like device used by healthcare professionals to assist patients who are partially immobilized or need help in moving, such as during transfers or ambulation.

Mechanical Lift

A device used to assist in lifting and moving heavy or immobile patients, reducing the risk of injury to both the patient and the caregiver.

Back Injury

Physical damage or harm to the back, which can encompass a range of issues from muscle strain to spinal cord damage.

Reposition

The act of adjusting or moving someone or something to a different place or position for improved function or comfort.