Business, 09.03.2020 19:50, Jacobstoltzfus
Match each of the following cash payment activities to the internal control principle to which it best relates. Select the appropriate Internal Control Principle from the dropdown listed below.
a. The business manager has the only key to the check-signing equipment.
b. The purchasing manager orders all goods and services for the business.
c. A bank reconciliation is prepared monthly.
d. Prenumbered checks are used for all payments.
e. The company asks suppliers to deliver their merchandise to the warehouse but mail their nvoices to the accounting department
Answers: 3
Business, 22.06.2019 06:00, slimt69561
When an interest-bearing note comes due and is uncollectible, the journal entry includes debitingaccounts receivable and crediting notes receivable and interest revenue. accounts receivable and crediting interest revenue. notes receivable and crediting accounts receivable and interest revenue. notes receivable and crediting accounts receivable.
Answers: 3
Business, 22.06.2019 15:20, lamashermosa23
On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.
Answers: 2
Match each of the following cash payment activities to the internal control principle to which it be...
Biology, 31.10.2019 17:31
Mathematics, 31.10.2019 17:31
English, 31.10.2019 17:31
Physics, 31.10.2019 17:31