• 2021-04-14
    Which of these is an example of an liability account?
  • Short-term loans

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    • 0

      Which of the following is an example of following the principle of faithful representation? A: Showing finance lease payments as a rent expense B: Being prudent by recording the entire amount of a convertible loan as a liability C: Recording the future payments under an operating lease as a long-term liability D: Recording a sale and repurchase transaction with a bank as a loan rather than a sale

    • 1

      For example, the purchase of advertising services on account, the recording of the expense will be accompanied by an increase in .

    • 2

      Which means “定期存款”?( ) A: checking account B: current account C: deposit account D: transactional account

    • 3

      Which means “定期存款”? A: current account B: checking account C: ransactional account D: deposit account

    • 4

      What type of account is Unearned Revenue (asset, liability, stockholders’ equity, revenue, or expense) and what is its normal balance, respectively?