Which of the following will increase the balance of accounts receivable? Group of answer choices Note discounted was dishonored by issuer at due date. Receipts of notes receivable as settlement of outstanding customer account. Sale of goods for cash. Collection of outstanding receivables.

Indicate the most likely effect of the following changes in credit policy on the receivables turnoverratio and days to collect ( 1 for increase, 2 for decrease, and NE for no effect).a. Granted credit with shorter payment deadlines.b. Granted credit to less-creditworthy customers.c. Increased effectiveness of collection methods.

When the maker pays the full amount due on note receivable on the maturity date it is called as. a. Dishonor of Note receivable b. Un matured payment of Note receivable. c. Honor of Note receivable d. Disposal of Note receivable

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3. Which of the following is inappropriate aggregation? A. Cash and cash equivalents (Cash on hand and time deposits) B. Trade. and other receivables (Notes receivable and advances to employees) C. Trade and other payables (Notes and bonds payable) D. Provisions (Liability from pending litigation and purchase

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Using the allowance method of accounting for uncollectible receivables, the entry to reinstate a specific receivable previously written off would include a   a.credit to Accounts Receivable. b.credit to Bad Debt Expense. c.debit to Accounts Receivable. d.debit to Allowance for Doubtful Accounts.

May you please help me determine which statements are false or true?

multiple choice question a.The difference between the bank statement balance and the balance in Bank account in the general ledger may be due to:   unpresented payments. outstanding receipts. errors done by the bank and the entity. all of the choices given.

When referring to a note receivable or promissory note a.the note cannot be factored to another party b.the note may be used to settle an account receivable c.the note is not considered a formal credit instrument d.the maker is the party to whom the money is due