The three parties involved with a check are:
A. The maker, the manager, and the payee.
B. The writer, the cashier, and the bank.
C. The bookkeeper, the payee, and the bank.
D. The signer, the cashier, and the company.
E. The maker, the payee, and the bank.
查看答案
A receivable is an amount due from another party.
Credit sales are recorded by crediting Accounts Receivable.
Sellers allow customers to use credit cards for all of the following reasons except:
A. To speed up receipt of cash from the credit sale.
B. To lessen the risk of extending credit to customers who cannot pay.
C. To avoid having to evaluate a customer's credit standing for each sale.
D. To be able to charge more due to fees and interest.
E. To increase total sales
A company has sales of $375,000 and its gross profit is $157,500. Its cost of goods sold equals:
A. $532500
B. $157500
C. $(217,000).
D. $217500
E. $375000