If a company deposits all its receipts in the bank and pays all its bills by check, then the monthly bank statement balance will always agree with the company's record of its checking account balance.
举一反三
- Company receive the money of the loan, $200 000, and deposit it in its bank account, which side should we record the account Cash in bank? A: debit B: credit
- An analysis that explains any differences between the checking account balance according to the depositor’s records and the balance reported on the bank statement is a(n) . ( ) A: bank reconciliation B: analysis of debits and credits C: trial reconciliation D: internal audit E: bank audit
- According to our business check, the company receives all (favor) _____________ comments from its customers.
- If a company presents its balance sheet in a format that includes subtotals for current assets, current liabilities, noncurrent assets, and noncurrent liabilities, it is most likely presented:() A: in an account format. B: as a classified balance sheet. C: as a functional balance sheet.
- It’s reported that the company will ________ all its new employees from college graduates next year