Accounts Receivable Quiz
12th Grade
•15 Qs
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Accounts Receivable Quiz
Quiz
•
Business
•
12th Grade
•
Easy
Katelyn Southard
Used 2+ times
FREE Resource
15 questions
Show all answers
1.
OPEN ENDED QUESTION
1 min • 1 pt
How is the net realizable value of accounts receivable calculated?
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2.
OPEN ENDED QUESTION
1 min • 1 pt
In 7-2, what is the net realizable value of receivables?
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3.
OPEN ENDED QUESTION
1 min • 1 pt
In 7-2, what is the net cash flow from operating activities?
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4.
OPEN ENDED QUESTION
1 min • 1 pt
In 7-4, what is the accounts receivable balance at the end of Year 2?
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5.
OPEN ENDED QUESTION
1 min • 1 pt
In 7-4, Year 1, what is the amount of uncollectible account expense?
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6.
OPEN ENDED QUESTION
1 min • 1 pt
In 7-11, what is the amount of interest receivable on December 31, Year 1?
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7.
OPEN ENDED QUESTION
1 min • 1 pt
In 7-11, how much cash is received from the note at maturity?
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