Answer:
C and D
Explanation:
My expertise is sucking d1ck #Po4n⭐4life
Answer:
b. applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts is the correct answer.
Explanation:
- Lapping is best described as the process of applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts.
- Lapping is an illegal mode of allotting one consumer's cash to another consumer's account.
- Lapping usually occurs in smaller businesses where a single person manages payment receipts and consumer billing.
- Companies can stop and check lapping through conducting regular inspections of payment receipts and also by dividing cashier and billing tasks.
The answer is D. It reduced their risk when cotton prices were low.
Answer:
The depreciation is $52,500
Explanation:
The formula to compute the depreciation under the straight-line method is shown below:
= 
= 
= $52,500
Under the straight-line method, the depreciation expense should be the same for the remaining useful life. Life of the equipment or machine should always be expressed in years, not in hours.
So, these usage of hours should be ignored.
Answer:
Outstanding checks
Explanation:
One of the reasons why a cash book and a bank statement might <em>not show identical entries arise</em> from outstanding checks.
Outstanding checks are payments that have not yet been cleared and debited to the account at the bank.
