Physical inventory counts must be done. when using bar code scan technology. regardless of inventory system....
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Physical inventory counts must be done. when using bar code scan technology. regardless of inventory system. when using the periodic system of inventory when using the perpetual system of inventory. QUESTION 13 Lannister Inc. signed a $54,000 7% 15-year installment note on December 1, 2018. The note requires quarterly payments of $900 plus interest on March 1, June 1, September 1, and December 1 of each year. How will Lannister classify this loan on its December 31, 2018 Balance Sheet? Current Portion of Long-term debt, $1,800, Long-term debt, $52,200 Current Portion of Long-term debt, $3,600; Long-term debt, $50,400 Current Portion of Long-term debt, $900, Long-term debt, $53,100 Current Portion of Long-term debt, $2,700, Long-term debt, $51,300 QUESTION 14 A company issues 15,000 shares of its $22 par common stock for $32 per share The amount to be debited to Cash is $150,000 $330,000 $480,000 $310,000 mi Click Save AB Arts to pave all annecre Save All Answer Physical inventory counts must be done. when using bar code scan technology. regardless of inventory system. when using the periodic system of inventory when using the perpetual system of inventory. QUESTION 13 Lannister Inc. signed a $54,000 7% 15-year installment note on December 1, 2018. The note requires quarterly payments of $900 plus interest on March 1, June 1, September 1, and December 1 of each year. How will Lannister classify this loan on its December 31, 2018 Balance Sheet? Current Portion of Long-term debt, $1,800, Long-term debt, $52,200 Current Portion of Long-term debt, $3,600; Long-term debt, $50,400 Current Portion of Long-term debt, $900, Long-term debt, $53,100 Current Portion of Long-term debt, $2,700, Long-term debt, $51,300 QUESTION 14 A company issues 15,000 shares of its $22 par common stock for $32 per share The amount to be debited to Cash is $150,000 $330,000 $480,000 $310,000 mi Click Save AB Arts to pave all annecre Save All Answer
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Auditing and Assurance Services A Systematic Approach
ISBN: 978-1259162343
9th edition
Authors: William Messier, Steven Glover, Douglas Prawitt
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