Please help with revision

QUESTION A new machine with a purchase price of $90,000, transportation costs of $6,000, and special handling fees of $2,000, would have a cost basis of S 106,000 1. costs of $8,000, installation 110,000 $108,000 $102,000 QUESTION 2 1. Which of the following would be subtracted from the general ledger balance (books) when preparing a bank reconciliation? Service charges Notes collected by the bank Outstanding checks Deposits in transit 2 points QUESTION 3 Revenue should be recognized (reported) when the customer charges an order the service is performed or the sale is made cash is received the customer places an order 1. 2 points QUESTION 4 On the balance sheet, the amount shown for the Allowance for Doubtful Accounts is equal to The total of the accounts receivables written-off during the year The uncollectible accounts expense for the year The total amount of accounts receivable a company does not expect to collect. The sum of all accounts that are past due. 1. 2 point QUESTION 5 The term cash includes Coins and currency (paper money). money on deposit at a bank that is available for unrestricted withdrawal. Checks, money orders and traveler's checks. All of the above