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提问人：网友wwwlee100 发布时间：2022-01-07

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Which of the following statements is NOT true according to the passage？A．From 1929 to 1933

Which of the following statements is NOT true according to the passage？

A．From 1929 to 1933, 50% of the American population lived in poverty.

B．Where there is prosperity, there is poverty.

C．Poverty basically refers to a lack of clothing, housing and food.

D．Anyone with an annual income around the 1992 American poverty line would be considered wealthy.

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更多“Which of the following statements is NOT true according to the passage？A．From 1929 to 1933”相关的问题

第1题

Which of the following accounts would never appear in the after-closing trial balance? ()

A、Unearned revenue.

B、Depreciation expense.

C、Accumulated depreciation.

D、Capital.

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第2题

What is the double entry to record transaction (i)? (i) Purchase of materials for $100 by cheque

A、DR Other expenses $100 CR Cash at bank $100

B、DR Other expenses $100 CR Trade payables $100

C、DR Purchases $100 CR Trade payables $100

D、DR Purchases $100 CR Cash at bank $100

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第3题

What is the double entry to record transaction (ii)? (ii) Sale of goods to Customer Y for $500 on credit

A、DR Cash at bank $500 CR Sales $500

B、DR Sales $500 CR Cash at bank $500

C、DR Trade receivables $500 CR Sales $500

D、DR Sales $500 CR Trade receivables $500

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第4题

Which THREE of the following sets of items all appear on the same side of the trial balance?

A、Sales, interest income and accruals

B、Trade receivables, drawings and interest income

C、Non-current assets, cost of sales and carriage outwards

D、Capital, trade payables and other operating expenses

E、Sundry expenses, prepayments and purchases

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第5题

When preparing a trial balance, the clerk omits the balance of $2,000 on the receivables account. This error means that the total of debit balances will exceed the total of credit balances by $2,000.

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第6题

The sales tax account could influence statement of profit or loss.

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第7题

The sales tax account is always on the Debit side.

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第8题

The following information relates to A’s sales tax for the month of March 2003: Sales (net of sales tax) $30,000 Purchase (including sales tax) $11,000 Sales tax is charged at a flat rate of 10%. A’s sales tax account showed an opening credit balance of $2000 at the beginning of the month and a closing credit balance of $1000 at the end of the month. What was the total sales tax paid to regulatory authorities during the month of March 2003?

A、$3000

B、$5000

C、$2900

D、$4900

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第9题

A business commenced with capital in cash of $2,000. Inventory costing $1,600 plus sales tax is purchased on credit, and half is sold for $2,000 plus sales tax, the customer paying in cash at once. The sales tax rate is 20%. What would the accounting equation after these transactions show?

A、Assets $3,600 less Liabilities $400 equals Capital $3,200

B、Assets $4,400 less Liabilities $2,000 equals Capital $2,400

C、Assets $5,200 less Liabilities $1,600 equals Capital $3,600

D、Assets $5,200 less Liabilities $2,000 equals Capital $3,200

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第10题

A sales tax registered business sells goods for $200 plus sales tax at 17.5% on credit Which of the following entries correctly records this transaction?

A、Debit Trade accounts receivable $235 Credit Sales $235

B、Debit Trade accounts receivable $200 Credit Sales $165 Credit Sales tax control account $35

C、Debit Trade accounts receivable $235 Credit Sales $200 Credit Sales tax control account $35

D、Debit Sales $200 Debit Sales tax control account $35 Credit Trade accounts payable $235

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