A Weekly Reconciliation of Cash Receipts Would Include Comparing

question 7

Multiple Choice

A weekly reconciliation of cash receipts would include comparing

• A)the cash prelist with bank deposit slips
• B)the cash prelist with remittance advices
• C)bank deposit slips with remittance advices
• D)journal vouchers from accounts receivable and general ledger

---

Definitions:

Supply Schedule

A table that shows the relationship between the price of a good and the quantity of that good a seller is willing to supply to the market at various prices.

Sellers

Individuals or entities that offer goods or services for sale in the marketplace.

Buyers

Individuals or entities that make purchases of goods and services either for personal use, resale, or use in production.

Quantity Demanded

Refers to the total amount of a good or service that consumers are willing and able to purchase at a specific price in a given period of time.