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Author Question: A check drawn by a company for 340 in payment of a liability was recorded in the journal as 430 . ... (Read 57 times)

ts19998

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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


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yifu223

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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


ts19998

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

TheNamesImani

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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