Author Question: A balance sheet summarizes a. current assets, plant and equipment, and fixed assets. b. assets, ... (Read 116 times)

lracut11 · **on:** Aug 22, 2018

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.