In 1608,Samuel De Champlain Founded

question 70

Multiple Choice

In 1608,Samuel de Champlain founded:

• A) Montreal.
• B) New York.
• C) Champlain.
• D) Quebec.
• E) Albany.

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Definitions:

Cash Discounts

Reductions in the amount due by a customer if payment is made within a specified period, used as an incentive for quick payment.

Cash Payments

Transactions in which cash is used to settle debts, purchase goods, or services at the time of the purchase.

Cash Short

A situation where the amount of cash on hand is less than what is recorded on the books, often indicative of errors or theft.

Other Income

Refers to revenue generated from activities that are not part of a company's core business operations.