Ch 5, 7, 8 Wrong Answers Flashcards

0
Q

How are IOUs reported

A

A/R

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1
Q

How are travel advances to employees )reimbursed by employee) reported?

A

Receivable employee

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2
Q

How is a cash balance requirement reported?

A

Compensating balance

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3
Q

Post dated check should be reported as?

A

A/R

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