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[主观题]

Before an adjusting entry is made to recognize the cost of expired insurance for the period, Prepaid Insurance and Insurance Expense are both overstated.

提问人：网友yangxingtao 发布时间：2022-01-07

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更多“Before an adjusting entry is m…”相关的问题

第1题

Closing entries would be prepared before: （).

A.Financial statements are prepare

B.A post-closing trial balanc

C.An adjusted trial balanc

D.Adjusting entries.

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第2题

Entries that are made at the end of a period to correct accounts before financial statements are prepared are called ______.

A、closing entries

B、adjusting entries

C、reversing entries

D、journal entries

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第3题

The adjusted trial balance verifies that total debits equals total credits before the adjusting entries are prepared.（)

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第4题

Before any month-end adjustments are made, the net income of ABC company is $125,000.

However, the following adjustment is necessary: interest accrued on note receivable is $3,400. After adjusting entries are made for the items listed above, Gannett companys net income ().

A、128400

B、121600

C、125000

D、126100

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第5题

Before any month-end adjustments are made, the net income of ABC company is $125,000.

However, the following adjustment is necessary: the unearned revenue has been earned for 25000. After adjusting entries are made for the items listed above, ABC companys net income is: ().

A、125000

B、25000

C、100000

D、150000

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第6题

2) Which of these scenarios is the best first impression？

A、The speaker comes into the room with a stack of papers and spills them on the podium shuffling through them before looking up and beginning the speech.

B、The speaker walks in directly to the center of the room, looks around the audience smiling before greeting everyone loudly.

C、The speaker stands up from one of the and begins adjusting the microphone creating some feedback. He apologizes before beginning his speech.

D、The speaker arrives and nervously waves to the audience before beginning to softly outline his prepared speech.

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第7题

Before any month-end adjustments are made, the net income of Friendly Company is $125,

000. However, the following adjustments are necessary: interest accrued on note receivable is $3,400, service rendered but not recorded is $1000.After adjusting entries are made for the items listed above, Gannett company’s net income is: ().

A、129,400

B、125,000

C、120,600

D、128,400

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第8题

Before any month-end adjustments are made, the net income of ABC Company is $250,000.

However, the following adjustments are necessary: interest accrued on note payable to bank, $6,800, salary owed to the employees is $2000. After adjusting entries are made for the items listed above, Gannett company’s net income is: ().

A、243,200

B、241,200

C、248,000

D、none of the above

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第9题

The calculation of net cash from operating activities is arrived at by adjusting net profi

t before taxation. Which one of the following lists consists only of items which could appear in such a calculation？

A、Depreciation, increase in receivables, decrease in payables, proceeds from sale of equipment, increase in inventories

B、Increase in payables, decrease in inventories, profit on sale of plant, depreciation, decrease in receivables

C、Increase in payables, proceeds from sale of equipment, depreciation, decrease in receivables increase in inventories

D、Depreciation, interest paid, proceeds from sale of equipment, decrease in inventories