Accounting 100

1 . What is the type of account and normal balance of destine for high-risk accounts (Points : 4A . as destiny , debitB . contra asset , creditC . obligation , creditD . contra liability , debit2 . If the manufacturing contrast of a promissory visor fails to pay the note on the due date , the note is referred to as a_______ (Points : 4A . discounted noteB . attaint noteC . uncollectible noteD . discarded note3 . The person or business to whom the signatory of a promissory note promises a rising compensation is called the_______ (Points : 4A . payee of the noteB . drawer of the noteC . maker of the noteD . principal of the note4 . The _______ , a more stringent measure than the current ratio measures a fellowship s ability to pay its current liabilities (Points : 4A . acid-test ratioB . equity ratioC . debt ratioD . eld gr oss revenue in receivables5 .

A critical element of internal reserve over collections of accounts receivable is_______ (Points : 4A . setting up a piddling cash accountB . the separation of cash-handling and cash-accounting dutiesC . using a check piece of music machineD . depositing the cash from the cash recital on a nonchalant basis6 . One method of establishing match over collections of accounts receivable is to_______ (Points : 4A . cede no one only if the bookkeeper to handle cashB . designate an received check signerC . establish a bank lock boxD . set up a little(a) cash fund7 . You are intercommu nicate that Susan Warren , one of your...If ! you involve to get a across-the-board essay, order it on our website: OrderCustomPaper.com

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