Identify whether a company debits (Dr)or credits (Cr)its Cash account to record each of the following transactions:
_____ The company writes a $197.06 cheque.
_____ The company deposits a $5,000 cheque into its account.
_____ In a bank reconciliation,the company discovers that it recorded a $127.35 payment to a supplier as $27.35.
_____ The bank pays $16.00 interest on the company's account.
_____ The company electronically transfers $867 to a supplier.
_____ A customer's cheque in the amount of $31 is returned by the bank as NSF.
_____ The bank charges $12 in fees to the company's bank account.
_____ When preparing the bank reconciliation,the company's accountant discovers a cheque in the amount of $1,000 that had been written but had not been recorded.
_____ A customer electronically transfers $189.43 to the company's bank account.

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The Answer of Identify whether a company debits (Dr)or credits (Cr)its Cash account to record each of the following transactions:
_____ The company writes a $197.06 cheque.
_____ The company deposits a $5,000 cheque into its account.
_____ In a bank reconciliation,the company discovers that it recorded a $127.35 payment to a supplier as $27.35.
_____ The bank pays $16.00 interest on the company's account.
_____ The company electronically transfers $867 to a supplier.
_____ A customer's cheque in the amount of $31 is returned by the bank as NSF.
_____ The bank charges $12 in fees to the company's bank account.
_____ When preparing the bank reconciliation,the company's accountant discovers a cheque in the amount of $1,000 that had been written but had not been recorded.
_____ A customer electronically transfers $189.43 to the company's bank account.

Identify Whether a Company Debits (Dr)or Credits (Cr)its Cash Account