Homework Clinic
Hands-on Clinic => Technology => Topic started by: lracut11 on Aug 22, 2018
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A balance sheet summarizes
a. current assets, plant and equipment, and fixed assets.
b. assets, liabilities, and owner's equity.
c. current liabilities and long-term abilities.
d. none of the above.
Question 2
A check that is drawn by a bank on its own funds in another bank located either in the same city or another city is a/an
a. official check.
b. ordinary check.
c. bank draft.
d. certified check.
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Answer to Question 1
B
Answer to Question 2
C