21. a Company made a bank deposit on Sept. 30 that did not appear on the bank statement dated as of Sept 30, in preparing the Sept. 30 bank reconciliation, the company should:
a + to the bank statement balance
b/ + to the checkbook balance
c. - form the bank statement balance
d. - the checkbook balance
22. Land improvements are:
a/ assets that increas the usefulness of the land, and like land, are not depreciated
b.assets that increas the usefulness of the land, but that have a limited useful life and are subject to depreciation
c Included in the cost of the land account
d expensed in the period incurred
23. The cost of land can include:
a. costsof removing existing buildings
b fees for insuring the title
c past due property taxes
d all of the above
24 A credit sale of 2500 to a customer would result in:
A. a debit to the account recievable account in the general ledger and a debit to the customers account in the account recievable sub-ledger
b. a credit to the account recievable account in the general ledger and a credit to the customers account in the account recievable sub-ledger
c. a debit to the account recievable account in the general ledger and a credit to the customers account in the account recievable sub-ledger
d.a credit to the account recievable account in the general ledger and a debit to the customers account in the account recievable sub-ledger
25 It has been determined that Anthony has been run over by a glof cart and is out of commission, therefore the money he owes you for services performed will not be paid. Upon writing off his outstanding balance what happens to the account recievables net realizable value?
A decreases
B Increases
C Remains the same
d to early to tell
THANK YOU!!!
a + to the bank statement balance
b/ + to the checkbook balance
c. - form the bank statement balance
d. - the checkbook balance
22. Land improvements are:
a/ assets that increas the usefulness of the land, and like land, are not depreciated
b.assets that increas the usefulness of the land, but that have a limited useful life and are subject to depreciation
c Included in the cost of the land account
d expensed in the period incurred
23. The cost of land can include:
a. costsof removing existing buildings
b fees for insuring the title
c past due property taxes
d all of the above
24 A credit sale of 2500 to a customer would result in:
A. a debit to the account recievable account in the general ledger and a debit to the customers account in the account recievable sub-ledger
b. a credit to the account recievable account in the general ledger and a credit to the customers account in the account recievable sub-ledger
c. a debit to the account recievable account in the general ledger and a credit to the customers account in the account recievable sub-ledger
d.a credit to the account recievable account in the general ledger and a debit to the customers account in the account recievable sub-ledger
25 It has been determined that Anthony has been run over by a glof cart and is out of commission, therefore the money he owes you for services performed will not be paid. Upon writing off his outstanding balance what happens to the account recievables net realizable value?
A decreases
B Increases
C Remains the same
d to early to tell
THANK YOU!!!