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Information on the Maritime Mining Company Bank Reconciliation Included the Following

Question 121

Multiple Choice

Information on the Maritime Mining Company bank reconciliation included the following items: Bank service charges $ 20
Deposits in transit 700
Outstanding cheques 600
The journal entry to record the above items would include a


A) credit to the Cash account for $20.
B) debit to the Cash account for $20.
C) debit to the Cash account for $720.
D) credit to the Cash account for $600.

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