As Compared to Arkose,quartz Sandstone ____________

question 24

Multiple Choice

As compared to arkose,quartz sandstone ____________.

• A)is more mature
• B)does not contain significant amounts of feldspar
• C)is likely to be found farther away from weathering granitic source rock
• D)All of the above are correct.

---

Definitions:

Interest Receivable

The amount of interest that has been earned but not yet received in cash or recorded by the recipient company.

Effective Interest Rate

The real rate of interest earned or paid on an investment, loan, or other financial product, accounting for the effects of compounding.

Bank Discounts

An interest deduction from the face value of a note, payable by the borrower at the time a loan is issued.

Reversing Entry

An accounting method used to reverse the impact of certain journal entries made in the previous accounting period for the sake of simplicity in future record keeping.