3. A document sent to each customer showing their beginning… 3.  A document sent to each customer showing their beginning accounts receivable balanc

3. A document sent to each customer showing their beginning… 3.  A document sent to each customer showing their beginning accounts receivable balance and the amount and date of each sale, cash payment received, credit memo issued, and the ending accounts receivable balance is the:* a. Accounts receivable subsidiary ledger.b. Remittance advice.c. Sales invoice.d. Monthly statement. 5.  In the purchasing disbursements cycle, of the order of activities listed, which is usually the step after purchase requisition? a. Receiving goodsb. Receiving billing from vendorc. Sending of purchase orderd. Payment to vendor 9.  Which of the following is a common cash activity within the personnel department? a. Distributing paychecks to employees.b. Preparing and updating personnel records.c. Preparing and recording payroll.d. Initiating terminations. 13.  Which of the following accounts or line items would be misstated if the inventory at year-end includes goods held on consignment? a. Purchasesb. Cost of goods soldc. Net salesd. Operating expenses 17.  An examination of debenture bonds issued at a discount show that year-end adjustments for accrual and amortization have not been recorded.  As a result, interest expense and bonds payable carrying value are a. overstated and overstated, respectivelyb. overstated and understated, respectivelyc. understated and overstated, respectivelyd. understated and understated, respectively 19.  Ruben. CPA, has audited the bonds of ABC Company and noted that P5,000,000 of these bonds will be due in 6 months.  The financial statement assertion that must be addressed in determining that the proper amount of debt is included as part of current liabilities is: a. Rights and obligations.b. Existence.c. Presentation and disclosured. Completeness. 20.  Which of the following departments most likely would approve changes in pay rates of recently promoted employees? a. Personnelb. Treasuryc. Controllerd. Payroll        Business Accounting Share QuestionEmailCopy link Comments (0)

About APA 7th Edition

APA 7th edition is the latest version of the American Psychological Association (APA) citation and referencing style guide. It is commonly used in social sciences, psychology, education, and other related fields for writing academic papers, research articles, and dissertations. The APA 7th edition provides guidelines for citing sources, formatting the document, and organizing the structure of the paper.
An illustration/example of APA 7th edition citation for a journal article is as follows:
Author, A. A. (Year, Month Day of Publication). Title of the article. Title of the Journal, volume number(issue number), page range.

For example:
Smith, J. (2022, June 10). The impact of technology on mental health. Journal of Technology and Mental Health, 3(2), 50-60.
In the reference list, the sources are listed in alphabetical order by the author’s last name. In-text citations are used in the main text to give credit to sources and include the author’s last name and the year of publication.

3. A document sent to each customer showing their beginning…          3.  A document sent to each customer showing their beginning accounts receivable balance and the amount and date of each sale, cash payment received, credit memo issued, and the ending accounts receivable balance is the:* a. Accounts receivable subsidiary ledger.b. Remittance advice.c. Sales invoice.d. Monthly statement. 5.  In the purchasing disbursements cycle, of the order of activities listed, which is usually the step after purchase requisition? a. Receiving goodsb. Receiving billing from vendorc. Sending of purchase orderd. Payment to vendor 9.  Which of the following is a common cash activity within the personnel department? a. Distributing paychecks to employees.b. Preparing and updating personnel records.c. Preparing and recording payroll.d. Initiating terminations. 13.  Which of the following accounts or line items would be misstated if the inventory at year-end includes goods held on consignment? a. Purchasesb. Cost of goods soldc. Net salesd. Operating expenses 17.  An examination of debenture bonds issued at a discount show that year-end adjustments for accrual and amortization have not been recorded.  As a result, interest expense and bonds payable carrying value are a. overstated and overstated, respectivelyb. overstated and understated, respectivelyc. understated and overstated, respectivelyd. understated and understated, respectively 19.  Ruben. CPA, has audited the bonds of ABC Company and noted that P5,000,000 of these bonds will be due in 6 months.  The financial statement assertion that must be addressed in determining that the proper amount of debt is included as part of current liabilities is: a. Rights and obligations.b. Existence.c. Presentation and disclosured. Completeness. 20.  Which of the following departments most likely would approve changes in pay rates of recently promoted employees? a. Personnelb. Treasuryc. Controllerd. Payroll                                                                   Business                                                Accounting                                                                                    Share QuestionEmailCopy link                              Comments (0)

About APA 7th Edition
APA 7th edition is the latest version of the American Psychological Association (APA) citation and referencing style guide. It is commonly used in social sciences, psychology, education, and other related fields for writing academic papers, research articles, and dissertations. The APA 7th edition provides guidelines for citing sources, formatting the document, and organizing the structure of the paper.
An illustration/example of APA 7th edition citation for a journal article is as follows:
Author, A. A. (Year, Month Day of Publication). Title of the article. Title of the Journal, volume number(issue number), page range.

For example:
Smith, J. (2022, June 10). The impact of technology on mental health. Journal of Technology and Mental Health, 3(2), 50-60.
In the reference list, the sources are listed in alphabetical order by the author’s last name. In-text citations are used in the main text to give credit to sources and include the author’s last name and the year of publication.

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