At what point does the buyer have ownership of the goods in a FOB destination situation (check all that apply)?

 

What type of balance can a contra account have?

What ratio would accounts payable be found in?

You would find the allowance for bad debt account on the __ (check all that apply).

What financial statement would you request to see if you wanted to look into a company’s revenues and expenses for a specific period of time?

When you issue an invoice that states '2/10, net 30' what period does the 10 stand for?

Failure to record an adjusting entry may have which affect on the financial statements? (check all that apply)

Which is temporary accounts? (check all that apply)

Revenue is only recognized when it is: (check all that apply)

For a not for profit organization, how is the profit distributed?

Which tax is the employer required to match? (check all that apply)