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Education Homework Help Thread Prompt 1: watch for media presentations that use some kind of research as part of the presentation. This could be television, radio,internet, a live presentation, or some other kind of presentation. This part of the assignment is designed to help you realize how often research concepts are presented in everyday life. Do not use fictional sources. Word Count 250 1. Describe the presentation you saw or heard du ...

Other / Other 13 Sep 2017 Expiry Date: 13 Sep 2017

ACCT/510 ACCT510 ACCT 510 CHAPTER 4 MULTIPLE CHOICE QUESTIONS PART 6 CHAPTER 4 COMPLETING THE ACCOUNTING CYCLE MULTIPLE CHOICE QUESTIONS 81. The entry to close the expense accounts includes a a. debit to Income Summary for $3,500. b. credit to Income Summary for $3,500. c. debit to Income Summary for $73,500. d. debit to Wages Expense for $2,500. 82. After the revenue and expense accounts have been closed, the balance in In ...

Other / Other 18 Nov 2016

ACCT/510 ACCT510 ACCT 510 CHAPTER 4 TRUE-FALSE STATEMENTS PART 2 1. A worksheet is a mandatory form that must be prepared along with an income statement and balance sheet. 2. If a worksheet is used, financial statements can be prepared before adjusting entries are journalized. 3. If total credits in the income statement columns of a worksheet exceed total debits, the enterprise has net income. 4. It is not necessary to pr ...

Other / Other 18 Nov 2016

ACCT/510 ACCT510 ACCT 510 CHAPTER 4 BRIEF EXERCISES PART 10 BRIEF EXERCISES Ex. 176 The income statement of Gentry's Shoe Repair is as follows: GENTRY’S SHOE REPAIR Income Statement For the Month Ended April 30, 2008 Revenue Shoe Repair Revenue................................................................... $7,500 Expenses Salaries Expense .......................................................................... $3, ...

Other / Other 18 Nov 2016

ACCT/510 ACCT510 ACCT 510 CHAPTER 4 MULTIPLE CHOICE QUESTIONS PART 8 CHAPTER 4 COMPLETING THE ACCOUNTING CYCLE MULTIPLE CHOICE QUESTIONS 121. Which of the following liabilities are not related to the operating cycle? a. Wages payable b. Accounts payable c. Utilities payable d. Bonds payable 122. Intangible assets include each of the following except a. copyrights. b. goodwill. c. land improvements. d. patents. 123. I ...

Other / Other 18 Nov 2016

ACCT/510 ACCT510 ACCT 510 CHAPTER 4 PART 1 CHAPTER STUDY OBJECTIVES 1. Prepare a worksheet. 2. Explain the process of closing the books. 3. Describe the content and purpose of a post-closing trial balance. 4. State the required steps in the accounting cycle. 5. Explain the approaches to preparing correcting entries. 4 - 4 Test Bank for Accounting Principles, Eighth Edition 6. Identify the sections of a classified ba ...

Other / Other 18 Nov 2016

ACCT/510 ACCT510 ACCT 510 CHAPTER 4 BRIEF EXERCISES PART 11 CHAPTER 4 COMPLETING THE ACCOUNTING CYCLE MATCHING 202. Match the items below by entering the appropriate code letter in the space provided. A. Worksheet F. Capital Stock B. Permanent accounts G. Current assets C. Closing entries H. Operating cycle D. Income Summary I. Long-term liabilities E. Reversing entry J. Correcting entries ____ 1. Obligations that a company ...

Other / Other 18 Nov 2016

ACCT/510 ACCT510 ACCT 510 CHAPTER 4 TRUE-FALSE STATEMENTS PART 3 CHAPTER 4 COMPLETING THE ACCOUNTING CYCLE TRUE-FALSE STATEMENTS 21. An incorrect debit to Accounts Receivable instead of the correct account Notes Receivable does not require a correcting entry because total assets will not be misstated. 22. In a corporation, Retained Earnings is a part of owners' equity. 23. A company's operating cycle and fiscal year are usual ...

Other / Other 18 Nov 2016

ACCT 510 CHAPTER 4 MULTIPLE CHOICE QUESTIONS PART 5 CHAPTER 4 COMPLETING THE ACCOUNTING CYCLE MULTIPLE CHOICE QUESTIONS 61.|ASSIGNMENT HELPIf Income Summary has a credit balance after revenues and expenses have been closed into it, the closing entry for Income Summary will include a a. debit to the owner's capital account. b. debit to the owner's drawing account. c. credit to the owner's capital account. d. credit to the owner' ...

Other / Other 18 Nov 2016 Expiry Date: 07 Aug 2019

ACCT/510 ACCT510 ACCT 510 CHAPTER 4 MULTIPLE CHOICE QUESTIONS PART 7 CHAPTER 4 COMPLETING THE ACCOUNTING CYCLE MULTIPLE CHOICE QUESTIONS 101. Which of the following steps in the accounting cycle would not generally be performed daily? a. Journalize transactions b. Post to ledger accounts c. Prepare adjusting entries d. Analyze business transactions 102. Which of the following steps in the accounting cycle may be performed ...

Other / Other 18 Nov 2016