The Orange Company made year-end adjusting entries affecting each of the following accounts: Office Salaries Payable (credited); Depreciation Expense (debited); Unearned Rental Revenue (debited); and Prepaid Insurance (credited). Which account is likely to appear in Orange's reversing entries?
A) Office Salaries Payable
B) Depreciation Expense
C) Unearned Rental Revenue
D) Prepaid Insurance
A
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Which of the following about disruptive innovations is FALSE?
a. Disruptive innovations typically appeal to customers at the lower end of the market. b. Disruptive innovations help a company to target demanding, high-end customers. c. Many established companies often underestimate the competitive threat disruptive innovations pose. d. Disruptive innovations can be found in product, process, and business strategy innovations. e. a and d are both FALSE
Roubov Inc. is a chain of American department stores that sells clothing, furniture, home appliances, and toys. It buys its goods in large quantities directly from a manufacturer. Based on this information, Roubov Inc.most likely makes use of a(n)_______
Fill in the blanks with correct word.
An exchange of plant assets has commercial substance if the future cash flows change as a result of the transaction
Indicate whether the statement is true or false
What is the burnout effect?
What will be an ideal response?