题目内容

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

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Ajournalentrycontainsadebittoaliabilityaccountandacredittoarevenueaccount.Thisisanexampleofa(n):

A. accruedexpense.
B. deferredexpense.
C. unearnedrevenue.
D. accruedrevenue.

WhichofthefollowingisNOTacorrectstatementaboutadjustingentries?

A. Everyadjustingentryaffectscash.
B. Everyadjustingentryaffectsthebalancesheet.
C. Everyadjustingentryaffectsnetincome.
D. Everyadjustingentrymustbalance.

WhattypeofaccountisUnearnedRevenue(asset,liability,stockholders’equity,revenue,orexpense)andwhatisitsnormalbalance,respectively?

Asset,debit
B. Expense,debit
C. Liability,credit
D. Revenue,credit

________istheallocationofthecostofanassetovertheasset'susefullife.

Accrual
B. Deferral
C. Depreciation
D. Expiration

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