Question
1.)In the answer space, type what you would replace the numbers with: a seperate bank account, referred to as a ___(1)___ account, is often used
1.)In the answer space, type what you would replace the numbers with: a seperate bank account, referred to as a ___(1)___ account, is often used for payroll checks because ____(2)___________.
2.) As you know, we sell generic( not unique, specifically indentifiable) inventory. Customers must pay fully in cash before we ship/sell, but they can make partial payments in installments for the same shipment/sale. they never make a payment covering multiple ship/sales. A shipment/sale may include multiple items, because the customer ordered multiple items.
In the answer space, type, what you would replace the numbers with: you would link the collect cash to the sale/ship by using the primary key of the ____1____ table as a foreign key in the ___2____ table because-___3_____.
3.) why would an auditor create an unmatched query to look for records in the inventory table with no matches in the sales table? if any were found, what adjusting journal entry might the auditor suggest?
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