ACC 100 Week 5 Quiz | Assignment Help | Strayer University

ACC 100 Week 5  Quiz  | Assignment Help | Strayer University 

Acc 100 Week 5 Quiz

 

Question 1

 Expenses incurred but not yet paid or recorded are called                             

                                               

Question 2

The revenue recognition principle dictates that revenue should be recognized in the accounting records                                   

           

Question 3

In preparing closing entries                                   

                                               

Question 4

Closing entries are necessary for                         

 

Question 5

"After the adjusting entries are journalized and posted to the accounts in the general ledger, the balance of each account should agree with the balance shown on the"            

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