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1. How does the use of bank accounts ensure control of cash?2. How does the use of bank accounts improve management s decision making?3. How does the bank reconciliation reduce the likelihood of theft and fraud4. Maxtel had net sales of $4,235 million and ending accounts receivable of $775 million. Its days sales uncollected equals5. A company borrowed $10,000 by signing a 180 day promissory note at 11%. The total interest due on the maturity is6. A company had net sales of $600,000, total sales of $750,000 and an average accounts receivable of $75,000. Its accounts receivable turnover equals
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on july 1 2011 atwater corporation issued 2000000 face value 10 10-year bonds at 2271813.this price resulted in an
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Identify and explain the fundamental concepts and principles in accounting, the components of the accounting equation, the primary financial accounting equation, and financial statements and reports.
lori who is single purchased five-year class property for 100000 and seven-year class property for 200000 on may 20
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jeremy earned 100000 in salary and 6000 in interest income during the year. jeremy has two qualifying dependent
Briefly discuss the accounting and securities market differences between these two methods of increasing the number of shares outstanding.
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