Thefollowingaccountsareup-to-dateandneednoadjustmentattheendoftheperiod:
A. cash,commonstockandprepaidrent.
B. prepaidrent,suppliesandunearnedrent.
C. cash,dividendsandunearnedrent.
D. cash,dividendsandcommonstock.
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Adjustingentries:
A. adjustcash
B. closetherevenueaccounts.
C. closetheexpenseaccounts.
D. adjustunearnedrevenue.
Thebookvalueofaplantassetisthe:
A. costoftheassetlesstheaccumulateddepreciation.
B. accumulateddepreciationlessthecostoftheasset.
C. costoftheasset.
D. balanceintheaccumulateddepreciationaccount.
OnDecember31,2015,salariesowedtoemployeestotal$8,150.ThesewillbepaidonJanuary4,2016.AnadjustedentryonDecember31,2015,includeswhichofthefollowing?
A. PrepaidExpense,$8,150
B. SalariesPayable,$8,150
C. UnearnedSalaries,$8,150
D. UnearnedSalaries,$8,150andSalariesPayable,$8,150
Ajournalentrycontainsadebittoaliabilityaccountandacredittoarevenueaccount.Thisisanexampleofa(n):
A. accruedexpense.
B. deferredexpense.
C. unearnedrevenue.
D. accruedrevenue.
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