MAKE ENTRY FOR THE FOLLOWING TRANSACTION. Prepaid insurance expense, $40,000.
A、Prepaid insurance 20,000 Cash in Bank 20,000
B、Prepaid insurance 40,000 Cash in Bank 40,000
C、Prepaid insurance 20,000 Cash in Bank 40,000
D、None of the above.
A、Prepaid insurance 20,000 Cash in Bank 20,000
B、Prepaid insurance 40,000 Cash in Bank 40,000
C、Prepaid insurance 20,000 Cash in Bank 40,000
D、None of the above.
A、regression
B、reading for ideas only
C、vocalization
D、word-by-word reading
A、A driver should never race his motor without a warm-up
B、A human being can never ignore his own feelings
C、In high school we worked more as groups than as individuals
D、Shirley won the first prize, while her brother was awarded the second
A、To
B、In order to
C、So as
D、0
A、operating expense
B、financial charge
C、administrative expense
D、None of the above.
A、Accounting
B、Revenue
C、Fixed assets
D、Assets
A、知识产权
B、有形资产
C、最初成本
D、所得税
A、预期使用寿命在资产投入使用时就应当确定。
B、预期使用寿命在固定资产投入使用时就应当确定。
C、使用寿命在资产投入使用时就应当确定。
D、以上答案都不对。
A、At conceptual level, a firm earns revenue as it engages in activities that increase the value (or utility, in economic terms) of an item or service.
B、Revenue as it engages in activities that increase the value (or utility, in economic terms) of an item or service.
C、At level, a firm earns revenue as it engages in activities that increase the value (or utility, in economic terms) of an item or service.
D、None of the above.
A、Revenue represents the increase in economic resources, either through increases to assets or reductions to liabilities.
B、Revenue causes a net increase in owner’s equity.
C、Revenue recognition is one of the most controversial areas of financial accounting.
D、In contrast to revenue, an expense always causes a decrease in owner’s equity.
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