In the reconciliation of the investment in branch account and home office account, which of the following reconciling items will require debit to the reciprocal account in Pasay branch's books for adjustment? O Collection by Home Office of Pasig branch's receivable O Collection by Panay branch of Pasay branch's receivable O Payment by Home Office of Pasay branch's payable O Goods are in transit from Home Office to Branch at the end of the year

nal summ طم معلومات محاسبية نظري The revenue cycle consists of Select one: out of a. one subsystem-order entry b. two subsystems-sales order processing and cash receipts ag question C. two subsystems-order entry and inventory control O d. three subsystems-sales order processing, credit authorization, and cash receipts Previous page Jump to.. General

H1.

if the company paid the salaries payable in the next period, the transaction will be as bellow cash debit, salaries payable credit. cash debit , salaries credit. salaries expense debit, cash credit. salaries payable debit, cash credit. Note collection in the bank reconciliation will be Add to the balance per bank. Deduct from balance per bank. O Add to the balance per book. Deduct from balance per book. cost of goods sold equal to O Goods available for sale mince beginning inventory. O Net sale mince goods available for sale Net purchase mince beginning inventory. beginning inventory blues net purchase mince ending inventory

Sales-Related Transactions, Including the Use of Credit Cards Journalize the entries for the following transactions:

Which of the following document will be given by the supplier at the time of receipt of cash for the purchase of stationery for OMR 150? a. Receipt b. Debit note c. Sales invoice d. Purchase invoice

B. Record the entry for acceptance of promissory note in exchange of accounts receivable from McCormick Industries. C. Record the entry for interest accrued on promissory note received from McCormick Industries. D. Record the entry for interest received , from McCormick Industries , on the note's maturity date. E. Record the entry for payment received from McCormick Industries the principal on the note's maturity date.

Please answer fast

A £500 cash sale was entered as a debit in the sales account and a credit in the bank account. What type of error is this? Select one: A. Compensating B. Ommission C. Reversal of entries O D. Original entry E. Commission O F. Principle