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Author Question: In reconciling the bank statement, the outstanding checks are added to the balance shown on the bank ... (Read 54 times)

khang

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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



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sabina576

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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 :)


sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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