The disbursement voucher and supporting documents are sent to the ________ for payment prior to the due date
A) cashier
B) treasurer
C) controller
D) accounts payable department
A
Business
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On July 1, 2010, an interest payment date, $60,000 of Parks Co. bonds were converted into 1,200 shares of Parks Co. common stock each having a par value of $45 and a market value of $54. There is $2,400 unamortized discount on the bonds. Using the book value method, Parks would record
a. no change in paid-in capital in excess of par. b. a $3,600 increase in paid-in capital in excess of par. c. a $7,200 increase in paid-in capital in excess of par. d. a $4,800 increase in paid-in capital in excess of par.
Business
Joseph Jett:
a. Held his first job at Kidder Peabody. b. Held a Harvard MBA. c. Was convicted of securities fraud. d. None of the above
Business