Cash and cheques are recorded differently on deposit slips in that -
A) cheque deposits are linked to individual sales transactions, cash deposits are not
B) cash is entered as a total broken down by denominations and cheques are recorded individually
C) cash and cheques are recorded on separate deposit slips
D) a and b are correct
Correct Answer:
Verified
Q16: Which one of the following items may
Q17: To reconcile a cheque on a deposit
Q18: When you compare the general ledger or
Q19: To enter NSF cheques when deposit slips
Q20: The account reconciliation linked accounts -
A) identify
Q21: The Banking module window includes journal icons
Q22: To transfer funds to and from credit
Q24: Before using the deposit slip journal for
Q25: To set up the accounts for recording
Q26: To reconcile a credit card receivable account
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