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11 Terminal-digit numbers are filed through serial filing. True False 12 Which of the following are true about the Accounts Receivable department? Select all answers

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11 Terminal-digit numbers are filed through serial filing. True False 12 Which of the following are true about the Accounts Receivable department? Select all answers that apply: A Accounts Receivable identifies aging on older invoices 8. Accounts Receivable maintains the discount information as part of that customer's biting profile C Accounts Receivable receives bis for services and products which you purchase on credit D. Accounts Receivable is often responsible for receiving payments on invoices E Accounts Receivabile ensure timely payment of the company is to take advantage of any discounts available 13 you plan to print out your checks by computer, what are the key things you must consider before printing and ensuring property security measures are taken? Select all answers that apply A. You need a check style that is compatible with your computer software B. You need a check system that will allow you to print the backup dots for both you and your customers C. You need a check style that prints the corresponding number for the check on the backup details D. You need to include a watermark and other safety features to ensure that the checks are authentic E. You will need to have a special printer dedicated to printing checks only 14 Suppose that you are doing the books for the counting period and have a balance of $125,000 in your Owner's Equity scot What should you do with that balance? Select the single best answer A You should re it out B. You should start a new owner's COM G. You should start a new Cash account D. You should carry it over to the next mong penod You should not 11 Terminal-digit numbers are filed through serial filing. True False 12 Which of the following are true about the Accounts Receivable department? Select all answers that apply: A. Accounts Receivable identifies aging on older invoice B Accounts Receivable maintains the discount information as part of that customer's biting profile C, Accounts Receivable receives bills for services and products which you purchase on credit D. Accounts Receivable is often responsible for receiving payments on invoices E Accounts Receivable ensures timely payment of the company's bills to take advantage of any discounts available 13 you plan to print out your checks by computer, what are the key things you must consider before printing and ensuring property security measures and taken? Select all answers that apply: A You need a check style that is compatible with your computer software, 6. You need a check system that will allow you to print the backup details for both you and your customers c. You need a check style that is the corresponding number for the check on the backup details D. You need to include a watermark and the salty features to ensure that the checks are authentic E. You will need to have a special printer dedicated to printing checks only 14 Suppose that you are closing the books for the accounting period and have a balance of $126.000 in your Owner's Equity account. What should you do with that balance Select the single best answer A You should zero tout B. You should start a new Owner's Equity count C. You should start a new Cash account D. You would carry it over to the next counting period. 6. You should onore

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