A.Decrease a liability; increase revenue.B.Increase an expense; increase a liability.C.Increase an expense; decrease a liability.D.Increase an asset; increase revenue.E.Increase an expense; decrease an asset.相关知识点: 试题来源: 解析 B 反馈...
The adjusting entry to record an accrued expense is: A. Decrease a liability; increase revenue. B. Increase an expense; increase a liability. C. Increase an expense; decrease a liability. D. Increase an asset; increase revenue. E. Increase an expense; decrease an asset....
正确答案:D10 The adjusting entry to record an accrued revenue is: A.Increase an expense; decrease a liability. B.Decrease a liability; increase revenue. Increase an asset; increase revenue. Increase an expense; decrease an asset. 正确答案:c11 、 A trial balance prepared after adjustments have...
A.Making the adjustment entry for depreciation expenses twice. B.Failure to record interest accrued on a note payable. C.Failure to make the adjusting entry to record revenue which had been earned but not yet billed to clients. D.Failure to record the earned portion of fees received in advan...
(b)Failure to record interest accrued on a note payable. (c)Failure to make the adjusting entry to record revenue which had been earned but not yet billed to clients. (d)Failure to record the earned portion of fees received in advance. 相关知识点: 试题来源: 解析 D 反馈 收藏 ...
【财务会计】Chapter3ADJUSTINGTHEACCOUNTS Chapter3-1 StudyObjectives 1.Explainthetimeperiodassumption.2.Explaintheaccrualbasisofaccounting.3.Explainthereasonsforadjustingentries.4.Identifythemajortypesofadjustingentries.5.Prepareadjustingentriesfordeferrals.6.Prepareadjustingentriesforaccruals.7.Describethenatureand...
The adjusting journal entry to record any outstanding accrued expense is Expense A/c Dr. To Outstanding Expense A/c ADVERTISEMENTS: While the amount of expense taken from the Trial Balance will be increased by the amount outstanding and shown in the trading and Profit and Loss Account, the act...
What would be the adjusting entry to record depreciation each period? The adjusting entry to record the depreciation of equipment for the fiscal period is debit Depreciation Expense; credit Accumulated Depreciation. What are adjusting entries with examples? Here's an example of an adjusting entry: ...
Understated Balance,Adjusting Entry(+),Adjusting Entry(+),21,Adjustment for accrued expense,Example(1)Accrued Interest,Sears Corporation signed a three-month notes payable in the amount of$10,000 in October 1.The note requires interest at an annual rate of 12%.,The amount of interest 展开...
The Measurement of Business Income收入的计量 CHAPTER 5 TheMeasurementofBusinessIncome LearningObjectives Afterstudyingthischapter,youshouldbeableto:ExplainwhatistheBusinessIncomeUnderstandtheGenerallyAcceptedAccountingPrinciplesDescribetheAdjustmentstotheAccountsDescribetheAdjustedTrialBalanceDescribe...