itochan of accounts (account y b). what other fields would be included in each o

Question

itochan of accounts (account y b). what other fields would be included in each of those tables? How would you use the tables to determine account balances for the general purpose finan- cial statements? 13. Terminology. Please match each item on the left with the most appropriate item on the right. I. Custom-made bicycles 2. Date of record 3. Direct material 4. Electronic funds transfer 5. Factory supplies 6. Number of interest payments 7. Observation 8. Par value of a share 9. Pencils a. Associated with dividend payments b. Human resource process internal control c. Internal control for missed payments d. Job costing product e. Method for gathering data f. Needed for stock issuance transaction g. Overhead h. Process costing product i. Required data for long-term debt transactions j. Steel, for an automobile 10. Time clock Multiple choice questions

Explanation / Answer

explanation 1 custom made bicycles d job costing product since they are custom made jod costing applies 2.date of record a.associatd with dividend payments dividends are paid only 3.direct material j.steel for an automobile steel is a material in manufacturing of automobiles 4 electronic funds transfer c.internal control for missed payments. 5.factory supplies overhead factory supplies are indirect costs, so overhead 6.number of interst payments i.required data for long term debt transaction debt includes interest payment. 7.observation e.method for gathering data 8.par value of a share f.needed for stock issuance transaction par value of shares is to be known for recording stock issuance transaction 9.pencils h.process costing product pencils production includes many processes in manufacturing 10 time clock b Human resource process internal control

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