The journal entry to record an NSF check would require a a. ...

[Themember4]

The journal entry to record an NSF check would require a
 a. debit to Accounts Receivable and a credit to Cash.
   b. debit to Cash and a credit to Accounts Receivable.
   c. debit to Accounts Payable and a credit to Cash.
   d. debit to Miscellaneous Expense and a credit to Cash.
   e. debit to Cash and a credit to Accounts Payable.

Question 2

Which method of inventory assumes the last units purchased will remain in ending inventory on the balance sheet?
 
  a. FIFO.
  b. LIFO.
  c. Average cost.
  d. LIFO and FIFO.

[macmac]

Answer to Question 1

a

Answer to Question 2

d

[Themember4]

Thanks for the timely response, appreciate it

[komodo7]

Excellent