) is not reflected in the "cash received from selling goods and providing services" item in the following items
A: Recovery of accounts receivable
B: Accounts
collected in advance
C: The amount of VAT sales tax charged to the purchaser
D: Receive the returned VAT
举一反三
- The<br/>length of time between the payment for inventory and the collection<br/>of cash from receivables is called the:() A: operating<br/>cycle. B: inventory<br/>period. C: accounts<br/>receivable period. D: accounts<br/>payable period. E: cash<br/>cycle.
- Which<br/>of the following accounts is NOT a liability? ( ) A: Accounts Payable B: Notes Payable C: Salaries Payable D: Accounts Receivable
- The number of days' sales uncollected is calculated by: A: Dividing accounts receivable by net sales. B: Dividing accounts receivable by net sales and multiplying by 365. C: Dividing net sales by accounts receivable. D: Dividing net sales by accounts receivable and multiplying by 365. E: Multiplying net sales by accounts receivable and dividing by 365.
- Items not included in other receivables are ( ) A: All kinds of compensation receivable B: Deposit C: Various advances that should be collected from individual employees D: Various fines receivable E: Accounts receivable
- Indicate whether each of the following is identified with a liability.(2分) A: Equipment B: Accounts Receivable C: Cash D: Accounts Payable
内容
- 0
August 25. The company recorded the cash received in payment of services (on a cash basis) to customers, $16,000.The correct journal entry is: A: Dr. Cash 16,000 Cr. Fees earned 16,000 B: Dr. Cash 16,000 Cr. Sales 16,000 C: Dr. Accounts receivable 16,000 Cr. Fees earned 16,000
- 1
An attorney performs services of $1,100 for a client and receives $400 cash, with the remainder on account. The journal entry for this transaction would A: debit Cash, debit Service Revenue, credit Accounts Receivable. B: debit Cash, debit Accounts Receivable, credit Service Revenue. C: debit Cash, credit Service Revenue. D: debit Cash, credit Accounts Receivable, credit Service Revenue.
- 2
Which one of the following can be a source of cash? ( ) A: decrease in<br/>inventory B: decrease in common stock C: decrease in long-term debt D: increase in accounts receivable
- 3
Johnson Corporation recently borrowed $10,000 cash from the bank. Which of the following was affected by this transaction? A: Cash B: Land C: Accounts receivable D: Owner's equity
- 4
January 26. Wizsolution received $1,800 cash as partial payment from the client described in transaction of January 20.The correct journal entry is: A: Dr. Cash 1,800 Cr. Sales 1,800 B: Dr. Cash 1,800 Cr. Fees earned 1,800 C: Dr. Cash 1,800 Cr. Accounts receivable 1,800