Which of the following is not an account?
A: sales revenue
B: inventory
C: net loss
D: wages payable
A: sales revenue
B: inventory
C: net loss
D: wages payable
举一反三
- Which of the following is Non-current Assets ( ) A: Cash B: Buildings C: Account payable D: Inventory
- The following data come from the inventory records of Dapper Company:Net sales revenue…………$624,000Beginning inventory…………64,000Ending inventory……………...43,000Net purchases………………..400,000Based on these facts, the gross profit for Dapper Company is A: $224,000 B: $193,000 C: $150,000 D: $203,000
- Which of the following is the correct formula for cost of sales? A: Opening inventory – purchases + closing inventory B: Purchases – closing inventory + sales C: Opening inventory + closing inventory – purchases D: Opening inventory – closing inventory + purchases
- Which of tile following does not belong to current assets A: cash B: account payable C: account receivable D: note receivable
- Which ONE of the following is an error of principle? A: A gas bill credited to gas account and debited to the bank account. B: The purchase of a non-current asset credited to the asset account at cost and debited to the payable’s account. C: The purchase of a non-current asset debited to the purchases account and credited to the payable’s account. D: The payment of wages debited and credited to the correct accounts, but using the wrong amount.