While reconciling Snyder company's bank statement, an accountant discovered that the bank had collected one of the company's notes receivable in the amount of $20,000 and had deposited this amount in the company's account at the bank. This amount does not include interest.
Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts.
Increase=I
Decrease=D
No Effect=N