A: account receivable
B: account payable
C: stockholders' equity
D: loan
举一反三
- Holt Company sold $1,000 of goods on credit to Renfrew Company. This would be recorded as an Account ( ) of Holt company and as an Account ( ) of Renfrew Company. A: Receivable, Receivable B: Payable, Payable C: Receivable, Payable D: Payable, Receivable
- A customer's monthly bill from the electric company would be an ( ) of the electric company until the customer paid the bill. A: account payable B: account receivable C: inventory D: prepaid expense
- Which of tile following does not belong to current assets A: cash B: account payable C: account receivable D: note receivable
- Company receive the money of the loan, $200 000, and deposit it in its bank account, which side should we record the account Cash in bank? A: debit B: credit
- When a company pays a bill, the account Cash will be__. A: No change B: Debited C: Credited
内容
- 0
Which one of the following savings plans is not covered by federal deposit insurance? A: passbook account at a savings and loan B: regular checking account at a commercial bank C: money market account at a commercial bank D: money market fund with an investment company E: certificate of deposit at a commercial bank
- 1
If the credit to record the purchase of supplies on account is not posted, A: Liabilities will be understated. B: Expenses will be overstated. C: Assets will be understated. D: Stockholders’ equity will be understated.
- 2
When an expense account is increased: A: an amount is entered on the credit side of the expense account. B: stockholders' equity is not affected. C: an amount is entered on the debit side of the expense account. D: cash must always be credited.
- 3
What type of account is Unearned Revenue (asset, liability, stockholders’ equity, revenue, or expense) and what is its normal balance, respectively?
- 4
The payment of dividend by an American company to a foreign stockholder represents ( ). A: a debit in the S. capital account B: a credit in the current account C: a credit in the S. official reserve account D: a debit in the S. current account