Which of the following is not an example of an adjusting entry?
a. recognition of depreciation on equipment purchased during the year
b. recording the expiration of a portion of the cost of prepaid insurance that was purchased during the previous year
c. recognition of income tax expense on the net income earned during the period
d. recording of collections received from customers during the period
e. recognition of warranty expense on cars sold during the period
D
You might also like to view...
What is a common-size statement? Why are these statements useful?
What will be an ideal response?
Consider a scale from 1 to 100 for locating consumers according to the characteristic "attitude toward department stores"
Each respondent is assigned a number from 1 to 100 indicating the degree of (un)favorableness, with 1 = extremely unfavorable, and 100 = extremely favorable. ________ is the actual assignment of a number from 1 to 100 to each respondent. ________ is the process of placing the respondents on a continuum with respect to their attitude toward department stores. A) Measurement; Scaling B) Scaling; Ranking C) Scaling; Measurement D) Ranking; Measurement
Austin has trouble remembering peoples’ names, even after just meeting them. He should try ______.
A. to just forget about learning them B. to ask about their name C. to come up with a nickname D. to use the nickname frequently out loud
________ argued that people try to satisfy their lower-level needs and then progress upward to the higher-level needs.
A. Frederick Taylor B. Abraham Maslow C. Elton Mayo D. William Procter E. Fritz Roethlisberger