Event is reasonably possible and amount is estimable | Disclose Only |
Event is reasonably possible but amount is not estimable | Disclose Only |
Event is probable and amount is estimable | record & disclose |
Scoring: Your score will be based on the number of correct matches. There is no penalty...
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match each of the following accounts with its proper account group from groups listed below. Clear All Dividends Stockholders' Equity Prepaid Insurance Revenue Unearned Rent Expenses Fees Earned Assets Patents Liabilities
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match each of the following accounts with its proper account group from groups listed below. Clear All Unearned Rent Stockholders' Equity Prepaid Insurance Expenses Fees Earned Liabilities Patents Revenue Dividends Dividends Assets
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. 1) Identify which inventory costing method (LIFO or FIFO) achieves the effect listed in the following items. Clear All Prices are rising; profits are higher with this method. LIFO Prices are rising; cost of goods sold is lower with this method. FIFO Prices are declining; income taxes are higher with this method. Prices are declining; gross margin is higher...
Scoring: Your score will be based on the number of correct
matches. There is no penalty for incorrect or missing matches.
Match the following descriptions with the term (a-e) it
describes:
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match the following descriptions with the term (a-e) it describes: Clear All normal standard Favorable cost variance theoretical standard Unfavorable cost variance an example is the number...
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match the terms below for a cake factory to the type of cost. Clear All Depreciation on oven Conversion cost Sprinkles for the topping (considered an indirect material) Prime cost Wages of the baker Both prime cost and conversion Frosting
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match each ratio that follows to its use. Iterns may be used more than once. Clear All Quick ratio Indicate future earnings prospects. Dividends per share Indicate the ability to pay current liabilities Return on total assets Assess how effectively assets are used. Asset turnover ratio
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match the items below for a cake factory to the type of cost. Clear All Depreciation on oven Sprinkles for the topping (considered an indirect material) Wages of the baker Frosting Both prime cost and conversion cost Conversion cost Prime cost
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. For each of the following accounts, indicate whether its normal balance is on the credit side or the debit side of the T account. Clear All Copyrights Accounts Payable Credit side Accounts Receivable Debit side Interest Earned Common Stock
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match the following terms with the definitions by clicking first on the term and then the correct definition (to the right). Clear All Taxable tips Payments of at least $600 to independent contractors Personal allowance Annual nondeductible contributions of up to $5,500 Backup withholding $4,150 deduction in computing taxable income Form 1099-MISC Withhold federal income taxes of 24 percent...
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. For each of the following accounts, indicate whether its normal balance is on the credit side or the debit side of the T account. Clear All Common Stock Accounts Receivable Credit side Accounts Payable Debit side Debit side Interest Revenue Copyrights