Identify the main verb in the sentence. Someone should take notes during the presentation
take
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Which of the following is not covered by the Fair Debt Collections Practices Act?
a. an attorney collecting for a client b. a collection agency with one exclusive client c. a hospital using its collection department to collect fees from patients d. an attorney collecting on a contingent fee basis e. All of the above are covered under the FDCPA.
Which of the following is not required under current GAAP for disaggregated information relating to geographic area information?
a. Revenues from external customers from the home country of the firm and from all foreign countries in total. b. The total of long-lived assets located in the firm's home country and located in foreign countries. c. Operating profits from external customers from the home country of the firm and from all foreign countries in total. d. Revenues for any foreign country for which the revenues from that country are material to the firm.
The unadjusted cash account balance for Carson Company at December 31 is $12,615. The bank statement showed an ending balance of $18,250 at December 31. The following information is available from an examination of the bank statement and the company's accounting records:Bank service charge$20Outstanding checks7,500NSF check from a customer425Deposits in transit1,222Check #433 for the purchase of inventory was written correctly and paid by the bank correctly for $432, but was recorded on the books at $234. Carson uses the perpetual inventory system.Required:a) Determine the true cash balance by preparing a bank reconciliation as of December 31.
What will be an ideal response?
The face value of Accounts Receivable plus the balance in the Allowance for Doubtful Accounts is equal to the net realizable value of the receivables.
Answer the following statement true (T) or false (F)