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Author Question: When the merchandise is received, a receiving report indicating what has been received is prepared. ... (Read 132 times)

Marty

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  • Posts: 553
on: Jul 5, 2018
When the merchandise is received, a receiving report indicating what has been received is prepared.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Use the following code to identify the expense associated with each of the assets listed below:
 
  A = Depreciation expense
  B = Depletion expense
  C = Amortization expense
  D = None of the above
 
  ______ 1. Land
  ______ 2. Patent
  ______ 3. Oil reserves
  ______ 4. Lumber
  ______ 5. Franchise
  ______ 6. Equipment
  ______ 7. Inventory
  ______ 8. Computers
  ______ 9. Office supplies
  ______ 10. Office furniture


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pangili4

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Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

D, C, B, B, C, A, D, A, D, A


Marty

  • Member
  • Posts: 553
Reply 2 on: Jul 5, 2018
Excellent

cassie_ragen

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  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

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