题目内容

Whichofthefollowingaccountsareconsideredpermanentaccounts?

A. InventoryandCostofGoodsSold
B. LandandAccountsReceivable
C. AccountsPayableandRevenue
D. CommonStockandSalaryExpense

查看答案

搜索结果不匹配？点我反馈

更多问题

Closingentriestransfernetincomeorlossanddividendspaidto:

A. Paid-inCapital.
B. NetIncome.
CommonStock.
D. RetainedEarnings.

查看答案

ThefollowingnormalbalanceappearontheadjustedtrialbalanceofNationalCompany:Equipment………………………………………………………$70000Accumulateddepreciation,equipment……………$9000Depreciationexpense,equipment………………….$3000Thebookvalueoftheequipmentis:

A. 70000
B. 67000
C. 61000
D. 60000

查看答案

Leecompanypurchasedsuppliesfor$900during20X3.AtyearendLeehad$300ofsuppliesleft.Theadjustingentryshould:

A. debitSuppliesExpense$300
B. creditSupplies$300
C. creditSupplies$600
D. creditSupplies$900

查看答案

TheaccountantforDoverCompanyfailedtomaketheadjustingentrytorecorddepreciationforthecurrentyear.Theeffectofthiserroris:

Assetsareoverstated,stockholders’equityandnetincomeareunderstated.
B. Assets,netincome,andstockholders’equityarealloverstated.
C. Netincomeisoverstatedandliabilitiesareunderstated.
D. Assetsandexpensesareunderstated,netincomeisunderstated.

查看答案

Whichofthefollowingaccountsareconsideredpermanentaccounts?

A. InventoryandCostofGoodsSold B. LandandAccountsReceivable C. AccountsPayableandRevenue D. CommonStockandSalaryExpense

Closingentriestransfernetincomeorlossanddividendspaidto:

ThefollowingnormalbalanceappearontheadjustedtrialbalanceofNationalCompany:Equipment………………………………………………………$70000Accumulateddepreciation,equipment……………$9000Depreciationexpense,equipment………………….$3000Thebookvalueoftheequipmentis:

Leecompanypurchasedsuppliesfor$900during20X3.AtyearendLeehad$300ofsuppliesleft.Theadjustingentryshould:

TheaccountantforDoverCompanyfailedtomaketheadjustingentrytorecorddepreciationforthecurrentyear.Theeffectofthiserroris:

A. InventoryandCostofGoodsSold
B. LandandAccountsReceivable
C. AccountsPayableandRevenue
D. CommonStockandSalaryExpense