The primary ledger containing all the balance sheet and income statement accounts is the
A) general ledger
B) creditors ledger
C) customers ledger
D) subsidiary ledger
A
You might also like to view...
Selected information from the accounting records of Espy Company is as follows: Net sales for 2014 ................................... $900,000 Cost of goods sold for 2014 .......................... 600,000 Inventory at December 31 . 2014 ....................... 180,000 Inventory at December 31 . 2014 ....................... 156,000 Espy's inventory turnover for 2014 is
a. 5.36 times. b. 3.85 times. c. 3.67 times. d. 3.57 times.
________ are a form of product that consist of a collection of activities that, when performed, delivers benefits to a customer
A) Line extensions B) Services C) Brands D) Consumer products E) Supplements
A cash flow per share amount should be reported on the statement of cash flows
Indicate whether the statement is true or false
The formula to compute direct material quantity variance is to calculate the difference between
A) actual costs - standard costs B) standard costs - actual costs C) (actual quantity standard price) - standard costs D) actual costs - (standard price standard costs)