Account control of cash ?

1. How does the use of bank accounts ensure control of cash?

2. How does the use of bank accounts improve management s decision making?

3. How does the bank reconciliation reduce the likelihood of theft and fraud

4. Maxtel had net sales of $4,235 million and ending accounts receivable of $775 million.

Its days sales uncollected equals

5. A company borrowed $10,000 by signing a 180 day promissory note at 11%. The total

interest due on the maturity is

6. A company had net sales of $600,000, total sales of $750,000 and an average accounts

receivable of $75,000. Its accounts receivable turnover equals

Need your ASSIGNMENT done? Use our paper writing service to score better and meet your deadline.

Click Here to Make an Order Click Here to Hire a Writer