Aof Panel

Soru 1

What is the amount owed to a company by customers as a result of delivering goods or services?

Soru 2

Which of the following indicates to an income statement account that shows the losses incurred due to uncollectible receivables?

Soru 3

Which of the following indicates to the credit sales price adjusted for returns, discounts, and allowances expected to be collected from customers?

Soru 4

When a company sells its goods or services on cash basis, how does the company record this transaction?

Soru 5

When a company sells goods or services to its customer on credit, how does the company record this transaction?

Soru 6

Accounts receivable is recognized when a company ______.

Soru 7

When are "sales returns and allowances" recorded?

Soru 8

Which of the following is true about the sales returns and allowances?

Soru 9

Which approach that is used in the accounting for uncollectible receivables includes the analysis of customer balances with respect to the length of time they have not been paid?

Soru 10

Which of the following refers to the business of purchasing receivables from companies upon a fee for the services performed to manage and collect receivables?

Soru 11

Which of the following is an accounting term associated with the amounts that are owed to the business by other parties, mainly its customers?

Soru 12

I. Accounts receivables

II. Notes receivables

III. Other receivables

Which of the above is/are takes place in the main categories of receivables?

Soru 13

Which of the following occurs when a business makes sales on credit.

Soru 14

I. Recognition of accounts receivable
II. Valuation of accounts receivable
III. Equation of accounts receivable

Which of the above is/are takes place in the main accounting issues with respect to the accounting of receivables.

Soru 15

Which of the following shows the credit sales price adjusted for returns, discounts, and allowances expected to be collected from customers?

Soru 16

Which of the following reduces the amount of accounts receivables since the customer delivers back the goods or the company waives a portion of its claim due to product defects?

Soru 17

Which of the following is an income statement account that shows the losses incurred due to uncollectible receivables?

Soru 18

I. Percentage of net credit sales approach

II. Percentage of current assets approach

III. Percentage of accounts receivable approach

Which of the above is/are takes place in the basic ways that are used to forecast uncollectible
receivables?

Soru 19

Which of the following is the business of purchasing receivables from companies upon a fee for the services performed to manage and collect
receivables

Soru 20

Which of the following is calculated as net credit sales divided by net accounts receivable?

MUHASEBE I