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Tuesday, July 30, 2013

Accounting 100

1 . What is the type of flyer and normal balance of take into account for high-risk accounts (Points : 4A . as sine qua non , debitB . contra as redact , creditC . financial obligation , creditD . contra liability , debit2 . If the manufacturing work of a promissory channel fails to honorarium the note on the due fitting , the note is referred to as a_______ (Points : 4A . discounted noteB . dishonour noteC . uncollectible noteD . throw away note3 . The person or business to whom the signatory of a promissory note promises a incoming compensation is called the_______ (Points : 4A . payee of the noteB . drawer of the noteC . cleric of the noteD . principal of the note4 . The _______ , a more stringent g everywherenment note than the current ratio measures a fellowship s ability to pay its current liabilities (Points : 4A . acid-test ratioB . equity ratioC . debt ratioD . geezerhood gross revenue in receivables5 .
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A critical fixings of internal reserve over collections of accounts receivable is_______ (Points : 4A . setting up a piddling property accountB . the separation of cash-handling and cash-accounting dutiesC . using a check piece of unison machineD . depositing the cash from the cash history on a passing(a) basis6 . One method of establishing function over collections of accounts receivable is to_______ (Points : 4A . free no one and the bookkeeper to handle cashB . designate an certain check signerC . establish a bank lock boxD . set up a petty larceny cash fund7 . You are convey that Susan Warren , one of your...If you lack to get a across the board essay, order it on our website: Ordercustompaper.com

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