Bank service charges are treated as a reconciling item on the book side of a bank reconciliation.
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Q52: An internal control system is the policies
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Q54: Omega Supply's current ratio is 2 to
Q55: Credit card is seen as an advantage
Q56: The quick ratio is current assets divided
Q58: Banks normally use a flat rate fee
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Q61: Cash equivalents
A) Include savings accounts
B) Include chequing
Q62: Principles of internal control include:
A) Record purchases
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