A company issued financial statements for the year ended December 31, but failed to include the following adjusting entries:
A. Accrued interest revenue earned of $1,200.
B. Depreciation expense of $4,000.
C. Portion of prepaid insurance expired (an asset) used $1,100.
D. Accrued taxes of $3,200.
E. Revenues of $5,200, originally recorded as unearned, have been earned by the end of the year.
Determine the correct amounts for the December 31 financial statements by completing the
following table:
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The auditor is most likely to verify accrued commissions payable in conjunction with the:
A. verification of employees. B. examination of trade accounts payable. C. sales cutoff review. D. review of post balance sheet date disbursements.
According to studies, men tend to follow a ______ leadership style and women follow a ______ leadership style.
A. participative; transformational B. autocratic; transformational C. transformational; participative D. transformational; autocratic
Leadership is ______ that emerges through social interactions with others.
A. self-esteem B. an identity C. a self-fulfilling prophecy D. a high expectation
Seth's mother didn't want to have a climbing wall as a permanent feature in her backyard, but it was certainly convenient to rent one from the company that catered Seth's twelfth birthday party
The catering company created both ________ utility when it rented her the climbing wall. A) form and place B) place and creation C) possession and price D) time and place E) creation and possession