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Tuesday, July 23, 2013

Accounting 100

1 . What is the type of card and normal balance of contri preciselye for high-risk accounts (Points : 4A . as percentage , debitB . contra as punctuate , creditC . indebtedness , creditD . contra liability , debit2 . If the manufacturing vocation of a promissory line of products fails to endure the note on the due particular date , the note is referred to as a_______ (Points : 4A . discounted noteB . dishonour noteC . uncollectible noteD . chuck out note3 . The person or business to whom the signatory of a promissory note promises a future(a) compensation is called the_______ (Points : 4A . payee of the noteB . drawer of the noteC . shaper of the noteD . principal of the note4 . The _______ , a more stringent whole step than the current ratio measures a fellowship s ability to pay its current liabilities (Points : 4A . acid-test ratioB . equity ratioC . debt ratioD . days gross revenue in receivables5 .
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A critical divisor of internal reserve everywhere collections of accounts receivable is_______ (Points : 4A . setting up a piddling notes accountB . the separation of cash-handling and cash-accounting dutiesC . using a check piece of music machineD . depositing the cash from the cash narrative on a passing(a) basis6 . One method of establishing bear over collections of accounts receivable is to_______ (Points : 4A . renounce no one but the bookkeeper to handle cashB . designate an true check signerC . establish a bank lock boxD . set up a short cash fund7 . You are put across that Susan Warren , one of your...If you requirement to get a encompassing essay, order it on our website: Ordercustompaper.com

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