Which of the following would be considered a capital expenditure?
a. Cost to acquire a printing press
b. Cost to lubricate a machine
c. Cost to replace some light bulbs
d. Cost to paint the factory wall
A
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The auditor tests the quantity of materials charged to work in process by tracing these quantities to:
A. receiving reports. B. perpetual inventory records. C. material requisitions. D. cost ledgers.
Jose Consulting paid $500 cash for utilities for the current month. Determine the general journal entry that Jose Consulting will make to record this transaction.
A.
Cash | 500 | |
Accounts Payable | 500 |
B.
Prepaid Utilities | 500 | |
Accounts Payable | 500 |
C.
Cash | 500 | |
Utilities Expense | 500 |
D.
Utilities Expense | 500 | |
Cash | 500 |
E.
Utilities Expense | 500 | |
Accounts Payable | 500 |
Current ratio is computed by dividing the ________ by the current assets
a. current liabilities b. working capital c. current stock d. long–term debt
Body language is also known as:
A) Paralinguistics B) Occulesics C) Linguistics D) Kinesics