On a bank reconciliation, outstanding checks are added to the balance per books to obtain the adjusted balance per books.
a. true
b. false
Ans: b. false
Business
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Unearned rent, representing rent for the next six month's occupancy, would be reported on the landlord's balance sheet as a(n)
A. liability B. asset C. revenue D. expense
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Which is an example of mortgage fraud?
A. False employment information B. Fraudulent appraisals C. False mortgagor identity D. all of these
Business