Which of the following does not require an adjusting entry at year-end?
举一反三
- Which of the following does not require an adjusting entry at year-end? () A: Accrued interest on notes payable. B: Supplies used during the period. C: Cash invested by owner. D: Accrued wages.
- Which of the following does not require an adjusting entry at year-end? A: Accrued interest on notes payable. B: Supplies used during the period. C: Cash invested by owner. D: Accrued wages. E: Expired portion of prepaid insurance.
- Of the following adjusting entries, which one results in an increase in liabilities and the recognition of an expense at the end of an accounting period? A: The entry to accrue salaries owed to employees at the end of the period. B: The entry to record revenue earned but not yet collected or recorded. C: The entry to record earned portion of rent previously received in advance from a tenant. D: The entry to write off a portion of unexpired insurance.
- Translate the following special term into English.“结账分录” A: Adjusting Entry B: Closing Entry C: General ledger D: Depreciable Cost
- In the case of unearned revenue, the adjusting entry at the end of the period includes a credit to Service Revenue. Assume the unearned revenue is initially recorded as a liability.