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Which would artsy include on the journal entry to record

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Reference no: EM132931092

Question 1: Which of the following is a permanent account?

1 Sales Returns and Allowances

2 Sales Revenue

3 Income Tax Payable

4 Income Tax Expense

Question 2: Artsy Co. wrote a check for office supplies for $390, but the bank deducted $309 from Artsy's account. Which of the following would Artsy include on the journal entry to record bank reconciliation adjustments?

1 Debit to Cash for $81

2 Credit to Cash for $81

3 Debit to office supplies for $81

4 Credit to office supplies for $81

5 No journal entry needed

Reference no: EM132931092

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