ACC 556 STR Course Great Wisdom / tutorialrank.com ACC 556 STR Course Great Wisdom / tutorialrank.com | Page 85

All of the following are characteristics of every accounting
information system except it is a system
· Question 9
Receivables are
· Question 10
Regions Inc. pays its rent of $48,000 annually on January 1 and
makes monthly adjusting entries. If the February 28 monthly
adjusting entry for prepaid rent is omitted, which of the following are
true?
· Question 11
What is an advantage of using the multiple-step income statement?
· Question 12
The primary difference between accrued revenues and unearned
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
Outstanding checks

50
3,000

NSF check
The adjusted cash balance per books on June 30 is

280