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P K
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Decks in this class (15)
Chapter 1: Accounting in Action
1 which of the following is not a...,
2 which of the following statemen...,
3 the historical cost principle s...
15
cards
Chapter 2: The Recording Process
1 which of the following statemen...,
2 debits a increase both assets a...,
3 a revenue account a is increase...
15
cards
Chapter 3: Adjusting the Accounts
1 the revenue recognition princip...,
2 the time period assumption stat...,
3 which of the following statemen...
17
cards
Chapter 4: Completing the Accounting Cycle
1 which of the following statemen...,
2 in a worksheet net income is en...,
3 in the unadjusted trial balance...
16
cards
Chapter 5: Merchandising Operations
Gross profit will result if a ope...,
Under a perpetual inventory syste...,
The sales accounts that normally ...
11
cards
Chapter 6: Inventories
Which of the following should not...,
As a result of a thorough physica...,
Cost of goods available for sale ...
12
cards
Chapter 8: Fraud, Internal Control, and Cash
Which of the following is not an ...,
An organization uses internal con...,
Which of the following was not a ...
14
cards
Chapter 9: Receivables
Receivables are frequently classi...,
Buehler company on june 15 sells ...,
Which of the following approaches...
13
cards
Chapter 10: Plant Assets, Natural Resources & Intangible Assets
Erin danielle company purchased e...,
Additions to plant assets are a r...,
Depreciation is a process of a va...
16
cards
Chapter 11: Current Liabilities & Payroll
The time period for classifying a...,
To be classified as a current lia...,
Maggie sharrer company borrows 88...
16
cards
Chapter 13: Corporations
Which of the following is not a m...,
A major disadvantage of a corpora...,
Costs incurred in the formation o...
14
cards
Chapter 15: Long-Term Liabilities
1 the term used for bonds that ar...,
2 the market interest rate a is t...,
3 karson inc issues 10 year bonds...
10
cards
Chapter 16: Investments
1 which of the following is not a...,
2 debt investments are initially ...,
3 hanes company sells debt invest...
14
cards
Exam 1
1 financial accounting provides e...,
2 an asset account is a usually c...,
3 owners equity is best depicted ...
11
cards
Exam 2
1 accountants refer to an economi...,
2 the starting point of the accou...,
3 communication of economic event...
11
cards
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financial accounting
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