Author Question: A check drawn by a company for 340 in payment of a liability was recorded in the journal as 430 . ... (Read 101 times)

ts19998 · **on:** Jul 5, 2018

A check drawn by a company for 340 in payment of a liability was recorded in the journal as 430 . What entry isrequired in the company's accounts?
a. debit Accounts Payable; credit Cash
b. debit Cash; credit Accounts Receivable
c. debit Cash; credit Accounts Payable
d. debit Accounts Receivable; credit Cash

Question 2

The FASB requires that a company using the indirect method must provide a reconciliation between net income and cash from operating activities.

Indicate whether the statement is true or false

Question 3

With the data replication strategy known as ___________________ ___________ all data changes are data stamped and saved to secondary systems as the changes are happening.
Fill in the blank(s) with correct word

yifu223 · **Reply #1 on:** Jul 5, 2018

Answer to Question 1

c

Answer to Question 2

Thank you soo much

Answer to Question 3

continuous data protection (CDP)
continuous data protection
CDP