Which of the following would be included in a journal to record a dishonoured cheque?
A)A debit to Accounts payable and a credit to Cash
B)A debit to Accounts receivable and a credit to Cash
C)A debit to Miscellaneous expense and a credit to Cash
D)A debit to Cash and a credit to Accounts receivable

Question

Quizplus · Accepted Answer

Recording a dishonoured cheque would involve debiting the Accounts receivable account as the payment was not received, and crediting the Cash account as the funds were not deposited.

Which of the Following Would Be Included in a Journal