An Order Bill of Lading Is Used ___________

question 53

Multiple Choice

An order bill of lading is used ___________.

• A)for overseas shipments
• B)when a shipment must be expedited
• C)when a shipment is started before the buyer is known
• D)to guard against disruptions in transit

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Definitions:

Expired Rent

Expired rent refers to the portion of prepaid rent that has been used up or accounted for as an expense over a period.

Work Sheet

An informal document used by accountants to prepare adjusting entries and a trial balance in the process of preparing financial statements.

Unadjusted Trial Balance

A list of all the balances in a company’s accounts before any adjusting entries are made for reporting purposes.