题目内容

TheaccountUnearnedRevenueisa(n)

A. asset
B. liability
C. revenue
D. expense

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Adjustingentries:

A. areneededtomeasuretheperiod’snetincomeornetloss.
B. updatetheaccounts.
C. donotdebitorcreditcash.
D. alloftheabove.

Anadjustingentrythatdebitsanexpenseandcreditsarelatedliabilityis ________

A. prepaidexpense
B. depreciationexpense
C. accruedexpense
D. cashexpense

Whichofthefollowingaccountsisnotclosedout?

A. Retainedearnings
B. Depreciationexpense
C. Dividends
D. Interestrevenue

TheentrytocloseManagementFeesEarnedwouldbe:

A. ManageentFeesEarnedRetainedearnings
B. RetainedEarningsManagementFeesEarned
C. ManageentFeesEarnedEarnedRevenue
D. ManagementFeesEarneddoesnotneedtobecloseout.

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