This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following accounts are NOT located on the worksheet income statement? a. Merchandise ... (Read 74 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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
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
Gracias!

adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Worldwide Variations in Population and Income Levels Worldwide Variations in Population and Income Levels
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
The Schrader valve on this General Motors 3800 V-6 is located next to the fuel-pressure regulator. The Schrader valve on this General Motors 3800 V-6 is located next to the fuel-pressure regulator.
Transport accounts for 14% of greenhouse gas emissions Transport accounts for 14% of greenhouse gas emissions
Income Distribution in the United States, 2009 Income Distribution in the United States, 2009
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Video: Condensation and Hydrolysis Animation

For a complete list of videos, visit our video library