Which of the following accounts would certainly not appear in a cshedding journal entry?a. Interemainder Revenueb. Accumulated Depreciationc. Retained Earningsd. Salary Expense


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Which account is least most likely to show up in an adjusting journal entry?a. cashb. interest receivablec. Income taxes Expensed. Salaries Payable
When a convent promovements agency collects cash for ticket sales two months in breakthrough of the present day, which of the complying with accounts is recorded?a. Accrued liabilityb. Accounts receivablec. Prepaid Expensed. Unearned Revenue
On december 31, an adjustment is made to alleviate unearned revenue and also repot (earned) revenue. How many kind of accounts will be had in this adjusting journal entry?a. noneb. onec. twod. three
An Adjusting journal enattempt to recognize accrued salaries payable would reason which of the following?a. A decrease in assets and also stockholder"s equity b. A decrease in assets and also liabilitiesc. An boost in expenses, liabilities, and stockholders" equity d. An rise in prices and liabilities and a decrease in stockholders" equity
An readjusted trial balancea. Shows the ending balances in a delittle and credit format before posting the adjusting journal entriesb. Is all set after long entries have been postedc. Is a tool offered by financial experts to review the performance of publicly traded companiesd. Shows the finishing balances resulting from the adjusting journal entires in a delittle bit and also credit format
d. Shows the ending balances resulting from the adjusting journal entires in a debit and also credit format
company A has actually owned a structure for numerous years. Which of the complying with statements concerning depreciation is false from an bookkeeping perspective?a. Depreciation Expense for the year will equal Accumulated depreciation b. Depreciation is an estimated expense to be videotaped each duration during the building"s life c. As depreciation is taped, stockholders" equity is reducedd. AS depreciation is recorde, full assets are reduced
Which of the complying with trial balances is used as a resource for preparing the income statement?a. Unchanged trial balanceb. Pre-changed trial balance c. Adjusted trial balanced. Post-closing trial balance
Asume the balance in Prephelp Insurance is 2,500 however it have to be 1,500. The adjusting journal enattempt have to incorporate which of the following?a. Debit to Prepassist Insurance for 1,000b. Credit to insurance Expense for 1,000c. Debit to insurance Expense for 1,000d. Delittle to insurance Expense for 1,500
Assume a firm receives a bill for 10,000 for declaring done during the existing year. IF this bill is not yet taped at the end of the yearn what will certainly the adjusting journal entry include?a. Debit to heralding cost of 10,000b. Crmodify to proclaiming expense of 10,000c. Delittle bit to accrued liabilities of 10,000d. Need more info
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