题目内容

The following information is available for Able Company's Office Supplies account.Beginning balance $2,000Office Supplies expensed $8,000Ending balance $3,000From the above information, calculate the amount of office supplies purchased.

A. $9,000
B. $8,000
C. $2,000
D. $3,000

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The entry to record depreciation includes a debit to:

A. the Equipment account.
B. the Cash account.
C. the Accumulated Depreciation account.
D. the Depreciation Expense account.

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The entry to record depreciation includes a credit to:

A. the Depreciation Payable account.
B. the Cash account.
C. the Accumulated Depreciation account.
D. the Depreciation Expense account.

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If an adjusting entry includes a debit to Rent Expense, that would indicate that the payment of rent had been previously recorded as a(n):

A. prepaid expense.
B. depreciation.
C. accrued expense.
D. accrued revenue.

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Adjusting entries are needed to correctly measure the:

A. ending balance in the Cash account.
B. net income (loss) on the balance sheet.
C. net income (loss) on the income statement.
D. beginning balance in the Cash account.

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The following information is available for Able Company's Office Supplies account.Beginning balance $2,000Office Supplies expensed $8,000Ending balance $3,000From the above information, calculate the amount of office supplies purchased.

A. $9,000 B. $8,000 C. $2,000 D. $3,000

The entry to record depreciation includes a debit to:

The entry to record depreciation includes a credit to:

If an adjusting entry includes a debit to Rent Expense, that would indicate that the payment of rent had been previously recorded as a(n):

Adjusting entries are needed to correctly measure the:

A. $9,000
B. $8,000
C. $2,000
D. $3,000