This topic contains a solution. Click here to go to the answer

Author Question: In reconciling the bank statement, the outstanding checks are added to the balance shown on the bank ... (Read 119 times)

khang

  • Hero Member
  • *****
  • Posts: 569
In reconciling the bank statement, the outstanding checks are added to the balance shown on the bank statement.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

If title to merchandise purchases passes to the buyer when the goods are shipped from the seller, the terms are
 a. n/30
  b. FOB shipping point
  c. FOB destination
  d. consigned



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sabina576

  • Sr. Member
  • ****
  • Posts: 356
Answer to Question 1

False

Answer to Question 2

b




khang

  • Member
  • Posts: 569
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)


softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

For a complete list of videos, visit our video library