Which of the following adjusting entries would be the most likely be reversed?
A) ?Depreciation Expense 500Accumulated Depreciation 500?
B) ?Salary Expense 1,980Salary Payable 1,980?
C) ?Insurance Expense 500Prepaid Insurance 500?
D) ?Unearned Subscriptions 2,000Subscription Revenue 2,000
B
You might also like to view...
According to priority, which of the following claimants is the last to be paid after assets have been liquidated of a corporation?
A) creditors B) common stockholders C) preferred shareholders D) bond holders
According to the Bureau of Labor Statistics, between now and the year 2020, the U.S. economy will reduce the number of sales jobs by more than 2 million.
Answer the following statement true (T) or false (F)
Which of the following is a weakness?
A) you perform better than your competitors B) inexperienced workers C) an area of your business that you perform well in D) none of the above
The ________ is a measure of inflation that represents prices of products such as coal, lumber, and metals that are used to produce other products
A) CPI B) PPI C) inflation index D) cost of living index