A: 正确
B: 错误
举一反三
- Accumulated depreciation would never be reported in the income statement as and expense.
- Depreciation expense is not reported on a statement of cash flows prepared under the direct method. A: 正确 B: 错误
- The operating expense section of an income statement for a wholesaler would not include A: freight-out. B: utilities expense. C: cost of goods sold. D: insurance expense.
- Depreciation expense is not reported on a statement of cash flows prepared under the direct method.
- Which of the following accounts is not closed? A: Accumulated Depreciation B: Interest Revenue C: Depreciation Expense D: Dividends
内容
- 0
Transaction e. Depreciation of office equipment for July, 2020 is $3,500.The correct adjusting entry is: A: Dr. Depreciation expense 3,500 Cr. Office equipment 3,500 B: Dr. Accumulated depreciaiton 3,500 Cr. Office equipment 3,500 C: Dr. Depreciation expense 3,500 Cr. Accumulated depreciation 3,500
- 1
All of the following are expense accounts except: () A: Rent expense. B: Prepaid<br/>Insurance. C: Supplies<br/>expense. D: Depreciation<br/>expense.
- 2
Which of the following activities would appear as a source of' funds on the Statement of Cash Flows（） A: Inventory is increased. B: A decrease in accounts payable. C: Depreciation expense.
- 3
Merchandise inventory:（ ）。 A: neither is the cost of inventory that has been sold or is an expense on the income statement B: both is the cost of inventory that has been sold and is an expense on the income statement C: is an expense on the income statement D: is the cost of inventory that has been sold
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Depreciation expense reduces operating income but does not require the use of cash.