题目内容

Using cash to buy supplies. Pay the money back 20,000.

查看答案

搜索结果不匹配？点我反馈

更多问题

If the equipment account has a balance of $22,500 and its accumulated depreciation account has a balance of $14,000, the book value of the equipment would be:

A. $36,500
B. $22,500
C. $14,000
D. $8,500

The purchases journal is used to record:

A. credit sales
B. cash receipts
C. cash purchases
D. credit purchases (purchases on account)

The type of account with a normal credit balance is

A. an asset
B. drawing
C. a revenue
D. an expense

On a multiple-step income statement, the excess of net sales over the cost of merchandise sold is called:

A. operating income
B. income from operations
C. gross profit
D. net income