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Payments made by credit card issuer on June 30 for credit card sales and received...

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Question

Accounting

Payments made by credit card issuer on June 30 for credit card sales and received on July 2 will

  • A. appear in cash book for the month of July
  • B. appear in bank reconciliation statement of June as deposits in transit
  • C. appear in cash book for the month of June
  • D. appear in bank reconciliation statement of June as outstanding checks
  • E. appear in bank reconciliation statement of July as outstanding checks
  • F. appear in general journal for the month of June
  • G. appear in bank reconciliation statement of July as deposits in transit
  • H. appear in general journal for the month of July
  • I. not appear in any of the journals/books/records mentioned as options
  • J. appear in cash receipt journal for the month of June
  • K. appear in cash receipt journal for the month of July

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