Homework Answers
Question 10:: A) Equity
Explanation:
As per accounting equation Assets = Liabilities + Equity
owner's capital,retained earnings and income statement related items fall under Equity
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QUESTION 10 0.5 points Saved category of the accounting equation. Owner, Capital is a separate account...
QUESTION 16 0.5 points Saved Which of the following statements is true of the owner, Capital...
QUESTION 16 0.5 points Saved Which of the following statements is true of the owner, Capital account? A) It is an equity account that has a normal credit balance. OB) It is a liability account that has a normal credit balance. O ) It is a liability account that has a normal debit balance. D) It is an equity account that has a normal debit balance
is this correct? Question 13 (0.5 points) Saved What is the pH of a 0.24 M...
is this correct?
Question 13 (0.5 points) Saved What is the pH of a 0.24 M solution of sodium propionate, NaC3H307, at 25°C? (For propionic acid, HC2H5O2, Ke = 1.3 * 10-9 at 25°C.) a) 11.10 Ob) 7.66 OC) 9.13 od) 6.34 Oe) 4.87
QUESTION 14 0.5 points Saved Which of the following accounts increases with a debit? A) Prepaid...
QUESTION 14 0.5 points Saved Which of the following accounts increases with a debit? A) Prepaid Rent B) Interest Payable OC) Accounts Payable D) Owner, Capital
31) Common Stock is a separate account in the A) equity B) asset category of the...
31) Common Stock is a separate account in the A) equity B) asset category of the accounting equation C) liability D) revenue 32) The time period concept states that A) expenses incurred during a period should be matched against the revenues of the period B) companies should record revenue when it has been eamed ©) all expenses should be recorded when they are incurred during the period D) financial statements can be prepared for specific periods 33) Adjusting entries are...
Drag the account types to form the expanded accounting equation. Begin the equity section with capital....
Drag the account types to form the expanded accounting equation. Begin the equity section with capital. Then, identify whether the item increases, '+', or decreases, '', equity. Owner, Capital: Cash Owner, Withdrawals Accounts Receivable Accounts Payable Revenues Expenses Unearned Revenues Liabilities : Assets Drag card here Drag card here Drag card here Drag card here Drag card here Drag card here Enter the missing value to balance the equation. = 48,000 + 8,000 – 18.000 + 4,000 - 24,000 96.000...
Question 26 (2 points) Saved Which of the following ions is aromatic? D:0 = I II...
Question 26 (2 points) Saved Which of the following ions is aromatic? D:0 = I II IV OA) OB) 11 OC) III OD) IV Question 27 (2 points) Saved Which of the following ions is aromatic? 20: A) Only II and III OB) Only III and IV OC) Only I and II OD) Only II and IV
QUESTION 1 How would the accounting equation be effected by a business paying a creditor? O...
QUESTION 1 How would the accounting equation be effected by a business paying a creditor? O increase liability, increase equity O increase asset, increase liability O decrease asset decrease equity O decrease asset, decrease liability QUESTION 4 Prepaid rent is what type of account? O revenue O liability O expense asset QUESTION 5 Wages Payable is what type of account? O asset O expense liability O revenue
Question 3 (1 point) The Purchases account is OA) a permanent account. OB) a temporary account...
Question 3 (1 point) The Purchases account is OA) a permanent account. OB) a temporary account OC) an asset account. O D) a liability account.
Question 27 (2 points) Saved Which of the following substituents will not direct the incoming group...
Question 27 (2 points) Saved Which of the following substituents will not direct the incoming group to the ortho/para position during electrophilic aromatic substitution? Oa) -OCOCH3 Ob) -COOCH3 Oc) -CH2CH3 Od) -N(CH3)2 Question 28 (2 points) Saved Provide the reagents necessary to carry out the following conversion. OH OH Br Br Br Oa) Br2, hn Ob) HBr (3 moles) O c) Br2, FeBr3 o d) Br2
Merchandise with a sales price of $4,300 is sold on account with terms 2/10, n/30. The...
Merchandise with a sales price of $4,300 is sold on account with terms 2/10, n/30. The journal entry to record the sale would include a Oa. debit to Sales Discounts for $86 Ob. debit to Accounts Receivable for $4,194 Oc. debit to Cash for $4,300 Od. credit to Sales for $4,214 ; the second one is to close There are two closing entries. The first one is to close Oa. revenues, expenses Ob. revenues, expenses and the drawing account Oc....
QUESTION 16 0.5 points Saved Which of the following statements is true of the owner, Capital account? A) It is an equity account that has a normal credit balance. OB) It is a liability account that has a normal credit balance. O ) It is a liability account that has a normal debit balance. D) It is an equity account that has a normal debit balance
is this correct?
Question 13 (0.5 points) Saved What is the pH of a 0.24 M solution of sodium propionate, NaC3H307, at 25°C? (For propionic acid, HC2H5O2, Ke = 1.3 * 10-9 at 25°C.) a) 11.10 Ob) 7.66 OC) 9.13 od) 6.34 Oe) 4.87
QUESTION 14 0.5 points Saved Which of the following accounts increases with a debit? A) Prepaid Rent B) Interest Payable OC) Accounts Payable D) Owner, Capital
31) Common Stock is a separate account in the A) equity B) asset category of the accounting equation C) liability D) revenue 32) The time period concept states that A) expenses incurred during a period should be matched against the revenues of the period B) companies should record revenue when it has been eamed ©) all expenses should be recorded when they are incurred during the period D) financial statements can be prepared for specific periods 33) Adjusting entries are...
Drag the account types to form the expanded accounting equation. Begin the equity section with capital. Then, identify whether the item increases, '+', or decreases, '', equity. Owner, Capital: Cash Owner, Withdrawals Accounts Receivable Accounts Payable Revenues Expenses Unearned Revenues Liabilities : Assets Drag card here Drag card here Drag card here Drag card here Drag card here Drag card here Enter the missing value to balance the equation. = 48,000 + 8,000 – 18.000 + 4,000 - 24,000 96.000...
Question 26 (2 points) Saved Which of the following ions is aromatic? D:0 = I II IV OA) OB) 11 OC) III OD) IV Question 27 (2 points) Saved Which of the following ions is aromatic? 20: A) Only II and III OB) Only III and IV OC) Only I and II OD) Only II and IV
QUESTION 1 How would the accounting equation be effected by a business paying a creditor? O increase liability, increase equity O increase asset, increase liability O decrease asset decrease equity O decrease asset, decrease liability QUESTION 4 Prepaid rent is what type of account? O revenue O liability O expense asset QUESTION 5 Wages Payable is what type of account? O asset O expense liability O revenue
Question 3 (1 point) The Purchases account is OA) a permanent account. OB) a temporary account OC) an asset account. O D) a liability account.
Question 27 (2 points) Saved Which of the following substituents will not direct the incoming group to the ortho/para position during electrophilic aromatic substitution? Oa) -OCOCH3 Ob) -COOCH3 Oc) -CH2CH3 Od) -N(CH3)2 Question 28 (2 points) Saved Provide the reagents necessary to carry out the following conversion. OH OH Br Br Br Oa) Br2, hn Ob) HBr (3 moles) O c) Br2, FeBr3 o d) Br2
Merchandise with a sales price of $4,300 is sold on account with terms 2/10, n/30. The journal entry to record the sale would include a Oa. debit to Sales Discounts for $86 Ob. debit to Accounts Receivable for $4,194 Oc. debit to Cash for $4,300 Od. credit to Sales for $4,214 ; the second one is to close There are two closing entries. The first one is to close Oa. revenues, expenses Ob. revenues, expenses and the drawing account Oc....
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