Which is correct sequence of numbers appearing on micr line

Assignment Help Financial Accounting
Reference no: EM132811249

Problem 1: Which of the following is the correct sequence of numbers appearing on the MICR line of a business check (as viewed from left to right)?

I. On-us/account number field
II. Auxiliary on-us field (frequently the check number)
III. External Processing Code (EPC)
IV. Routing number (ABA number or Routing and Transit (RT) number)

a. II, III, IV, I
b. II, IV, I, III
c. I, II, III, IV
d. IV, III, II, I

Reference no: EM132811249

Questions Cloud

Centers of disease control and prevention : The Centers of Disease Control and Prevention or the World Health Organization data and statistics relating to the national and global findings.
Examine conflict between a person behavior and sense of self : The motive to fit in often compels people to do what is considered appropriate behavior in a given situation. Sometimes the compulsion to fit in leads people.
Write the journal entry to record the impairment loss : Write the journal entry to record the impairment loss. Rhee purchased the patent from Dixon in 20x1 for $45,000,000 as they believed
Describe the ethical issues involved in the given situation : Dr. Jamison has joined a group practice of psychologists who have asked her to develop her biography to post with her picture on their social media page.
Which is correct sequence of numbers appearing on micr line : Which of the following is the correct sequence of numbers appearing on the MICR line of a business check (as viewed from left to right)?
Discuss ethical situation in past year involving company : Discuss an ethical situation in the past year involving a company. Describe the ethical issue. Do you agree with how the firm handled the ethical issue, and why
What is the maturity value of the? note : On August? 14, Park Avenue Bank lent $210,000 to City Coffee Shop on a 75? day, 4?% note. What is the maturity value of the? note?
Identify and justify sample size for the sampling strategy : Identify and justify the sample size for the sampling strategy. Discuss the data collection procedures that will be used for this methodological approach.
What is central repository : 1. What Is Central Repository? 2. What Is Remote Repository? 3. What Is The Sequence In Which Maven Searches For Dependency Libraries?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd