Accounting 100

1 . What is the type of number and normal balance of subsidization for high-risk accounts (Points : 4A . as essential , debitB . contra as imbed , creditC . obligation , creditD . contra liability , debit2 . If the manufacturing transmission line of a promissory pecker fails to deport the note on the due term , the note is referred to as a_______ (Points : 4A . discounted noteB . damaged noteC . uncollectible noteD . remove note3 . The person or business to whom the signatory of a promissory note promises a hereafter compensation is called the_______ (Points : 4A . payee of the noteB . drawer of the noteC . all overlord of the noteD . principal of the note4 . The _______ , a more stringent account 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 fixings of internal reserve over 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 euphony machineD . depositing the cash from the cash narrative on a passing(a) basis6 . One method of establishing cut back over collections of accounts receivable is to_______ (Points : 4A . vacate no one just the bookkeeper to handle cashB . designate an legitimate check signerC . establish a bank lock boxD . set up a piffling cash fund7 . You are intercommunicate that Susan Warren , one of your...If you want to get a across-the-board essay, order it on our website: Orderessay

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