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2 years ago

Which item(s) will require a journal entry to update the balance in the Cash account?

Mathematics

2 answers:

Alona [7]2 years ago

6 0

Your answer is B Hope this helps

Makovka662 [10]2 years ago

6 0

Answer:

The correct option is D. (none of the above)

Step-by-step explanation:

In the given question, any option is not correct. As we know, in cash account only cash related transactions are recorded . Even bank related transactions are not recorded in cash account .

As we see in option A cheques are outstanding and deposit in transit and we know transit means on the way it means they are not deposit to the bank yet. And moreover, it is bank related transaction therefore this option is incorrect.

Similarly , option B and C is also incorrect as it is also related to bank transaction.

So we can conclude that D option is the correct one .That is none of the above.

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Order of Operations: BPEMDAS

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Step 1: Define

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