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.
Correct Answer:
Verified
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