Parachute Country Club Use the selected accounts for Parachute Country Club presented below to answer the following question(s).
Read the information on Parachute Country Club.
On which date did the country club collect an advance deposit?
A)August 2
B)August 3
C)August 5
D)August 7

Question

Parachute Country Club Use the selected accounts for Parachute Country Club presented below to answer the following question(s).
   Read the information on Parachute Country Club.
On which date did the country club collect an advance deposit?
A)August 2 
B)August 3 
C)August 5 
D)August 7

Quizplus · Accepted Answer

The account "Advance Deposit Received" shows a credit of $5,000 on August 3. Therefore, the country club collected an advance deposit on August 3.

Parachute Country Club Use the Selected Accounts for Parachute Country