7. When making a payment from the petty cash fund for postage stamps, the following journal entry is made. Petty Cash XxXX xxxX C. Miscellaneous Expense XxxX d. No entry is made. 8. A bank may issue a credit memoranda for a. a bank service charge. b. an NSF (not sufficient funds) check from a customer. c. the collection of a note receivable for the depositor by the bank. d. the cost of printing checks Cash equivalents are highly liquid Investments that can be converted into a specific amount of cash with maturities of a. 1 month or less when purchased. b. 3 months or less when purchased. c. 6 months or less when purchased. d. 1 year or less when purchased. 9. Interest is usually associated with a. accounts recelvable. 10. b. notes recelvable. c. doubtful accounts. d. bad debts. 11. The receivable that is usually evidenced by a formal instrument of credit is a() a. trade receivable. b. note recelvable. c. accounts receivable. d. Income tax recelvable wbigh e tbe igh of tho fo lowing rereivahles would not be classified as an "other receivable