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Item 1

Item 1 0.66 points

On March 30, a firm's bank reconciliation statement shows a book balance of $31,640, an NSF check of $800, and a service charge of $40. The journal entry on March 30 to record these items would be:

		DEBIT	CREDIT
(A)	Accounts Receivable	800
	Bank Fees Expense	40
	Cash		840
(B)	Cash	840
	Bank Fees Expense		40
	NSF Expense		800
(C)	Miscellaneous Expenses	840
	Cash		840
(D)	Cash	840
	Accounts Receivable		800
	Bank Fees Expense		40

Multiple Choice

• Option A.

• Option D.

• Option C.

• Option B.

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Question 1 of 30 Total1 of

Answer 1

Answer
The Correct option is A
Explanation
A)	Accounts Receivable	$     800
	Bank Fees Expense	$       40
	Cash		$     840
Account receviable are debited and bank fees exp , cash are credited
Therefore,
The correct answer is A

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