题目内容

Whichfinancialstatementcoversaperiodoftime?

A. Balancesheet&Incomestatement
B. Incomestatement&Statementofcashflows
C. Balancesheet&Statementofcashflows
D. Balancesheet&Statementofretainedearnings

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Howwouldnetincomebemostlikelytoaffecttheaccountingequation?

A. Increaseassetsandincreaseliabilities
B. Decreaseassetsanddecreaseliabilities
C. Increaseliabilitiesanddecreasestockholders’equity
D. Increaseassetsandincreasestockholders’equity

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Duringtheyear,EcoWash,Inc.,has$120,000inrevenues,$50,000inexpenses,and$4,000individendpayments.Stockholdersequitychangedby:

A. +$66,000
B. +$70,000
C. -$66,000
D. +$74,000

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Duringtheyear,EcoWash,Inc.,has$120,000inrevenues,$50,000inexpenses,and $4,000individendpayments.EcoWashhadnetincome(ornetloss)of

A. netlossof$50,000.
B. netincomeof$70,000.
C. netincomeof$66,000.
D. netincomeof$120,000

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RochesterCorporationholdscashof$11,000andowes$27,000onaccountspayable.Rochesterhasaccountsreceivableof $40,000,inventoryof$34,000,andlandthatcost$55,000.HowmuchareRochesterstotalassetsandliabilities?

A. Totalassets$129,000；TotalLiabilities$27,000
B. Totalassets$27,000；TotalLiabilities$140,000
C. Totalassets$140,000；TotalLiabilities$27,000
D. Totalassets$140,000；TotalLiabilities$93,000

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Whichfinancialstatementcoversaperiodoftime?

A. Balancesheet&Incomestatement B. Incomestatement&Statementofcashflows C. Balancesheet&Statementofcashflows D. Balancesheet&Statementofretainedearnings

Howwouldnetincomebemostlikelytoaffecttheaccountingequation?

Duringtheyear,EcoWash,Inc.,has$120,000inrevenues,$50,000inexpenses,and$4,000individendpayments.Stockholdersequitychangedby:

Duringtheyear,EcoWash,Inc.,has$120,000inrevenues,$50,000inexpenses,and $4,000individendpayments.EcoWashhadnetincome(ornetloss)of

RochesterCorporationholdscashof$11,000andowes$27,000onaccountspayable.Rochesterhasaccountsreceivableof $40,000,inventoryof$34,000,andlandthatcost$55,000.HowmuchareRochesterstotalassetsandliabilities?

A. Balancesheet&Incomestatement
B. Incomestatement&Statementofcashflows
C. Balancesheet&Statementofcashflows
D. Balancesheet&Statementofretainedearnings