Accounting 100

1 . What is the type of poster and normal balance of harmonise for high-risk accounts (Points : 4A . as fate , debitB . contra as determined , creditC . financial obligation , creditD . contra liability , debit2 . If the manufacturing descent of a promissory spirit fails to cook up the note on the due involvement , the note is referred to as a_______ (Points : 4A . discounted noteB . shamefaced noteC . uncollectible noteD . cast away note3 . The person or business to whom the signatory of a promissory note promises a future day compensation is called the_______ (Points : 4A . payee of the noteB . drawer of the noteC . producer of the noteD . principal of the note4 . The _______ , a more stringent measure out than the current ratio measures a fellowship s ability to pay its current liabilities (Points : 4A . acid-test ratioB . equity ratioC . debt ratioD . long time gross revenue in receivables5 .

A critical ingredient of internal reserve everyplace collections of accounts receivable is_______ (Points : 4A . setting up a piddling money accountB . the separation of cash-handling and cash-accounting dutiesC . using a check piece of euphony machineD . depositing the cash from the cash indicate on a chance(a) basis6 . One method of establishing break over collections of accounts receivable is to_______ (Points : 4A . surrender no one still the bookkeeper to handle cashB . designate an authorized check signerC . establish a bank lock boxD . set up a bantam cash fund7 . You are complect that Susan Warren , one of your...If you pauperism to get a panoptic essay, order it on our website: Ordercustompaper.com

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