Why should documents (checks, invoices, receipts) be pre-numbered?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (14 reviews)
The use of prenumbered documents ie check...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
At Martinez Company, checks are not pre numbered because both the purchasing agent and the treasurer are authorized to issue checks. Each signer has access to unissued checks kept in an unlocked file...
-
Why should employee pay checks be drawn against a special checking account?
-
Why should cash receipts be deposited on the day of receipt?
-
At t = 0, a particle is traveling parallel to very large insulating plate at a 0.360 m distance with a speed of 980 m/s. Consider that the insulating plate has uniform surface charge density 2.34. x...
-
Assume that you were a small country, what would you rather have a comparative or absolute advantage with trading? Explain your reasoning.
-
In a simulation of 30 mobile computer networks, the average speed, pause time, and number of neighbors were measured. A "neighbor" is a computer within the transmission range of another. The data are...
-
At 1 January 20X5 Bridge Finance plc agreed to Finance the lease of machinery costing $37,200 to Rapid Growth plc at a lease cost of $10,000 per annum payable at the end of the year, namely 31...
-
Kirsten Neal is interested in purchasing a new house given that mortgage rates are at a historical low. Her bank has specific rules regarding an applicants ability to meet the contractual payments...
-
3. (3 points) Determine the measure of to the nearest degree. 9.7 8.1 6.4
-
fiduciary funds 7c. part 1. private purpose trust fund transactions the city of monroe scholarship foundation private-purpose trust fund had the following account balances on january 1, 2015: debits...
-
What is the difference between specific and general authorizations?
-
What procedures are important in the physical control of assets and accounting records?
-
In 2011, Eric Corporation reported $90,000 net income before income taxes. The income tax rate for 2011 was 30 percent. Eric had an unused $60,000 net operating loss carry-forward arising in 2010...
-
Cheong fun has just purchased a rm1000 par value, zero coupon bond with 20 years remaining until maturity for rm311.80. if he decides to hold this bond until maturity, what is the expected rate of...
-
(I) A firm manufactures a product from a raw material, which is purchased at60 per kg. The company incurs a handling cost of360 plus freight of390 per order. The incremental carrying cost of...
-
A firm can purchase a separate part from an outside source @ Rs.11 per unit. There is a proposal that the spare part be produced in thefactoryry itself. For this purpose a machine costing Rs.1,00,000...
-
How do I analyze Uber business book, financial statements and cash flow?
-
1. In order to produce a new product, a firm must lease equipment at a cost of $160,000 per year. The managers feel that they can sell 62,000 units per year at a price of $87. What is the highest...
-
A PI (Polarization Index) Test of a motor winding is performed and the 10-minute ratio is 3.0. The curve is a perfect parabolic shape. What is the verdict?
-
What is a lobbyist in US? How did this term emerge?
-
The smell of fish is due to a basic organic compound related to ammonia. What common kitchen chemical can be used to neutralize an unpleasant fish odor?
-
According to its original plan, Topeka Consulting Services Company plans to charge its customers for service at $120 per hour in 2018. The company president expects consulting services provided to...
-
According to its original plan, Topeka Consulting Services Company plans to charge its customers for service at $120 per hour in 2018. The company president expects consulting services provided to...
-
Secor Educational Services had budgeted its training service charge at $120 per hour. The company planned to provide 30,000 hours of training services during 2019. By lowering the service charge to...
-
Recording a Bond with a Discount or Premium Sold a bond with a face value of $10,000,000 for $9,683,000. What is the journal entry to record the bond? The bond has a stated rate of 9% and is payable...
-
Summerlin Company budgeted 4,800 pounds of material costing $5.00 per pound to produce 2,600 units. The company actually used 5,300 pounds that cost $5.10 per pound to produce 2,600 units. What is...
-
The 100,000 cars in your city experience unrecoverable losses of $15,000,000 per year from theft, collisions, etc. If 35% of premiums are used to cover business expenses, what premium must be charged...
Study smarter with the SolutionInn App