37 At 1 December 2018, GB Companys accounts receivable beginning balance was 7.200 TL. During December, GB had revenues on account of 30.000 TL and collected (received) accounts receivable of 24.000 TL. At 31 December 2018, the accounts receivable ending balance is

Select one:

a 23.200 TL debit.

b 13.200 TL debit.

c 7.200 TL debit.

d 13.200 TL credit.

36 Which one of the activities is related to Limited Liability Company ?

Select one:

a It can receive bank loans

b It can be established with at least 2 partners

c It can issue bonds

d It can issue stocks

26 Which one of the activities is related to Limited Liability Company ?

Select one:

a It can receive bank loans

b It can be established with at least 2 partners

c It can issue bonds

d It can issue stocks

3 What is not true about accounting?

Select one:

a It is based on technology

b It is an information system

c It is based on procedures

d No need to have personnel to keep records