[Answered] Which of the following accounts are NOT located on the worksheet income statement? a. Merchandise ...

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Author Question: Which of the following accounts are NOT located on the worksheet income statement? a. Merchandise ... (Read 27 times)

Yi-Chen

Hero Member
Posts: 550

on: Jul 6, 2018

Which of the following accounts are NOT located on the worksheet income statement?
a. Merchandise Inventory
b. Sales
c. Sales Discounts
d. Purchases

Question 2

Which of the following does NOT require an adjusting entry?
a. Inventory discrepancies
b. Expired Insurance
c. Collection of money on account
d. Depreciation of Equipment

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Marked as best answer by a Subject Expert

bblaney

Sr. Member
Posts: 323

Reply #1 on: Jul 6, 2018

Answer to Question 1

a

Answer to Question 2

c

Yi-Chen

Member
Posts: 550

Reply 2 on: Jul 6, 2018

Great answer, keep it coming

helenmarkerine

Member
Posts: 324

Reply 3 on: Yesterday

Excellent

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