BU127 Study Guide - Midterm Guide: Matching Principle, Revenue Recognition, Financial Statement
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BU127 Full Course Notes
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Increased from 6 to 8: decreased from 8 to 6, decreased from 10 to 6. 7 d. Increased from 6. 7 to 10: none of the above. 2 which of the following items is a current liability: current amount of a long term bond with a maturity date of march 12, 2015, accrued salaries payable, bonuses and gst payable, gst payable, none of the above. The bank statement for prem and company indicates a balance of ,000 on january 31. The cash balance per books had a balance of on this date. Given the following information, prepare a bank reconciliation and record necessary journal entries: bank service charges for january amounted to. Calculate the adjusted book balance: 1095, 1065, 767, 555, none of the above. For accounts receivable, the amount reported on the balance sheet should reflect the amount expected to be collected from customers.
