Author Question: The Cash balance (b.) in Lox Stock & Bagel Company's financial statement above is ________. ... (Read 111 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
The Cash balance (b.) in Lox Stock & Bagel Company's financial statement above is ________.
 
  A) the same as the retained earnings
  B) 39,910
  C) 3,000
  D) 10,910

Question 2

One of the two internal control procedures over inventory is to properly report inventory on the financialstatements .
 a. True
  b. False
 
   Indicate whether the statement is true or false



batool

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

C

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

For a complete list of videos, visit our video library