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Sqwill23 Sqwill23
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Posts: 618
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6 years ago
Accompanying the bank statement was a debit memo for an NSF check received from a customer. This itemwould be included on the bank reconciliation as a(n)
 a. deduction from the balance per company's records
  b. addition to the balance per bank statement
  c. deduction from the balance per bank statement
  d. addition to the balance per company's records



(Q. 2) Buzz Corporation issued 50,000 worth of 10-year, 8 bonds for 48,359.66. The 48,359.66 is the ________.
 
  A) face value
  B) present value
  C) future value
  D) stated rate



(Q. 3) The _____________________________ _ logs and monitors who is on or is trying to access the network.
 Fill in the blank(s) with correct word



(Q. 4) Treasury stock is a contra-asset account.
 
  Indicate whether the statement is true or false



(Q. 5) A schedule of accounts receivable is prepared from the
 a. list of customer accounts in the accounts receivable ledger.
   b. general journal.
   c. sales journal.
   d. general ledger.



(Q. 6) On January 1, 2011, Ajax Corporation signed a 1,000,000, 7, 10-year mortgage note to buy a new warehouse. The note will be repaid in 10 equal annual installments of 142,378. The first payment was made on December 31, 2011.
 
  How much of the first mortgage payment was interest? Round your answer to the nearest dollar.
  A) 9,967
  B) 70,000
  C) 0
  D) 142,378
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skippinskippin
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Posts: 340
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6 years ago
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Sqwill23 Author
wrote...
6 years ago
So very smart
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