Answer:
Cash; prepaid insurance; Equipment
Compare the list of accounts below and choose the list that contains only accounts that would be classified as assets accounts on the chart of accounts are
Cash; prepaid insurance; Equipment
compare the list of accounts below and choose the list that contains only accounts that would...
contains a list of items the user can choose only one. label list view button combo box
1 .Choose all the accounts below that would be INCREASED by a DEBIT entry to the account. Group of answer choices Assets Dividends Capital Contributions Revenues Contra Assets Losses Expenses Liabilities Contra Revenues Retained Earnings Gains 2. Choose all the accounts below that would be DECREASED by a CREDIT entry to the account. Group of answer choices Retained Earnings Assets Equity Expenses Dividends Contra Assets Losses Liabilities 3. Choose all the accounts below that would be DECREASED by a DEBIT...
TEN- Following is a list of balance sheet accounts. Part One contains asset accounts and Part Two contains liabilities and stockholdersequity accounts. (20 points) PART ONE: Following is a list of ten (10) balance sheet accounts. Use the numerals 1 through 10 to indicate the order in which these accounts should appear on a classified balance sheet. ( ) ( ) () ( ) ( ) ( ) ( ) () Accounts receivable Accumulated depreciation - building Allowance for doubtful...
. When you first choose Inventory Part item in the New item window of the Item List, which two accounts does QuickBooks look for on the Chart of Accounts List? Can you customize these accounts? If so, explain how.
#5 From the following list, choose accounts that you would find on Balance sheet. the a of Long Teem Debt o Equity o - cash o - Current portion due • Revenue a Accounts Receivable - Rent Expense D is invowe
Think about a veterinary practice. In the left column of the table below, list the accounts you think would be required in the business's Chart of Accounts. In the middle column, indicate the account type for each account listed and in the right column, indicate whether the normal balance for each account would be a debit or a credit. Account Name Account Type Normal Balance
2. Think about a veterinary practice. On the worksheet, list the accounts that you feel would be required in the business’s Chart of Accounts. 3. In the second column, list the type of account for each. 4. In the third column, state whether the normal balance for the account would be a debit or a credit.
The adjusted trial balance for Monty at December 31, 2019, contains the following accounts. Debit Credit Buildings $127,400 Common Stock $93,050 Accounts Receivable 14.700 26,150 Retained Earnings Accumulated Depreciation-Buildings Prepaid Insurance 4,400 43,300 Cash 18,900 Accounts Payable 11,900 Equipment 62,500 Notes Payable 96,300 18,300 Land Insurance Expense 68,500 Accumulated Depreciation-Equipment 900 Interest Payable 7,400 Service Revenue 2,400 $307,100 2,400 15,700 Depreciation Expense Interest Expense $280,950 Prepare a classified balance sheet: assume that $23,000 of the note payable will be paid...
Identify the account below that is classified as an asset in a company's chart of accounts Multiple Choice Accounts Receivable Accounts Payable Common Stock Uneamed Revenue Service Revenue
Below is the complete list of accounts of a company and the related balance at the end of April. All accounts have their normal debitor credit balance. Cash, $3,700; Prepaid Rent, $7.200; Accounts Payable $4,100; Common Stock, $38,000; Service Revenue, $25,200; Salaries Expense. $8,000; Accounts Receivable, $5,900; Land, $58,000; Deferred Revenue, $2,200, Retained Earnings. $22,500; Supplies Expense, $9,200. Required: Prepare a trial balance with the list of accounts in the following order: assets, liabilities, stockholders' equity, revenues, and expenses. Trial...