In the adjustment entry about salary expense as following: Salaries Expense 2000 Salaries
A、understate
B、overstate
C、balance sheet
D、income statement
A、understate
B、overstate
C、balance sheet
D、income statement
B.insurance expense
C.liability account
D.prepaid expense
A、60
B、50
C、55
D、125
A、240
B、365
C、230
D、180
A、115
B、105
C、55
D、60
A、retained earnings of $55.
B、dividends of $10.
C、net income of $65.
D、none of the above.
A、All accounts.
B、Revenue and expenses.
C、Revenue, expenses, and dividends.
D、All accounts that are not nominal.
A、Depreciation expense
B、Interest expense
C、Income tax expense
D、Dividend expense
A、aids the preparation of financial statement
B、reduces the possibility of errors when working with many accounts and adjustments
C、shows the effects of proposed or “what-if” transactions
D、links accounts and adjustments to their impacts in financial statement
A、shareholders
B、marketing managers
C、directors
D、lenders
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