revenues is that accrued revenues have:
Question 13� • Dobler Company gathered the following reconciling information in preparing its June bank reconciliation:
Cash balance per books, 6 / 30 |
$ 8,400 |
Deposits in transit |
600 |
Notes receivable and interest collected by bank |
1,480 |
Bank charge for check printing |
50 |
Outstanding checks |
3,000 |
NSF check |
280 |
The adjusted cash balance per books on June 30 is
Question 14� • Which of the following is least likely to help a company minimize losses as credit standards are relaxed?
Question 15� • A company usually determines the amount of supplies used during a period by:
Question 16� • If a company is given credit terms of 2 / 10, n / 30, it should
Question 17� • Independent internal verification of the physical inventory process occurs when
Question 18� • Two companies report the same cost of goods available for sale but each employs a different inventory costing method. If the price of goods has increased during the period, then the company using