Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a check drawn for $915 in payment of a liability w

A check drawn for $915 in payment of a liability was recorded in the company's...

60.1K

Verified Solution

Question

Accounting

A check drawn for $915 in payment of a liability was recorded in the company's book as $195. What adjustment is required in the company's accounts? Decrease Accounts Payable; decrease Cash Increase Cash; decrease Accounts Receivable Increase Cash; increase Accounts Payable Increase Accounts Receivable; decrease Cash

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

1. Out of a sample of 100 purchase orders, 10 contain errors. What is the confidence...

Biology
1.2K views

It is well-known and documented that numerous bacteria have acquired resistance to penicillins by acquiring the...

Physics
1.2K views

List I shows different configurations of charge distribution List II gives the corresponding total electrostatics...

Physics
1.2K views

A convex mirror and a concave mirror of radius 10 cm each are placed 15...

Geometry
1.2K views

10 8 4 2 D y 10 69 4 N 7 6 8 10 14...

Statistics
1.2K views

00 888 00 00 00 30 0 Total calories Your Answer 2859 2509 Median 1914...

Statistics
1.2K views

A swimming pool holds 3 500 cubic feet of water The swimming pool is 25...

Algebra
1.2K views

d 49 n

Accounting
1.2K views

A) prepare a classified balance sheet based on the adjusted trial balance shown below ...

Accounting
1.2K views

Huskie MotorCS061318.pdf HMC CC Clean Data (4).xlsx The final deliverable should be a Word document...

Finance
1.2K views

A pension fund manager is considering three mutual funds. The first is a stock fund,...

Finance
1.2K views

D Question 17 You signed a 30-year mortgage loun contract and received $92,653. The term...