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Author Question: In reconciling the bank statement, the outstanding checks are added to the balance shown on the bank ... (Read 108 times)

khang

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on: Jul 5, 2018
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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Reply #1 on: Jul 5, 2018
Answer to Question 1

False

Answer to Question 2

b


khang

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

LVPMS

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Reply 3 on: Yesterday
Wow, this really help

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