A check is a document ordering the depositor to pay cash from the ...

[cool]

A check is a document ordering the depositor to pay cash from the bank's account.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

If a company's expenses for the period are greater than its revenues, then the company will report ________.
 
  A) net income
  B) a decrease in cash
  C) a net loss
  D) both a decrease in cash and a net loss

[momo1250]

Answer to Question 1

False

Answer to Question 2

C

[cool]

Thanks for the timely response, appreciate it

[shailee]

YES! Correct, THANKS for helping me on my review