The Most Dramatic Change in Microscopy in the Last 3

question 14

Multiple Choice

The most dramatic change in microscopy in the last 3 decades,has been:

• A) invention of the electron microscope.
• B) the ability to digitize images.
• C) the ability to transmit microscopic images electronically.
• D) both b and c.

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Definitions:

Merchandise Inventory

Refers to the goods a company has on hand for the purpose of resale to customers in the normal course of business.

Bank Reconciliation

The process of matching and comparing figures from the accounting records against those presented on a bank statement, to ensure they are in agreement and to identify any discrepancies.

Note Receivable

Represents a financial asset indicating money owed to the holder by a debtor, usually accompanied by a promissory note specifying repayment terms.

Adjusting Journal Entries

Entries made at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.