Investment vehicle it has failed to capture the imagination of the retail investors in india because of which of the following reasons? 9) which of the following is a liability account?
Which Of The Following Is A Liability Account. Liability accounts have a credit balance. (a) accounting is not fully exact. Accounts payable is increased with credit. Accounts payable should not be reported at their present value.
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- which of the following is a liability account? Which of the following accounts will be used to record the transaction? 10+ million students use quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes. When accounts payable are recorded at the net amount, a purchase discounts account will be used.
These multiple choice questions have been prepared based on the latest cbse and ncert syllabus for class 12 accounts.
The purchase of inventory on credit from a supplier. A) accounts receivable b) cash c) building d) notes payable. Service revenue click to select your answer g. Which of the following is an example of an external exchange? Which of the following accounts is not a liability? Liability accounts have a credit balance.
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The economic value of an obligation or debt that is payable by the enterprise to other establishment or individual is referred to liability. Which of the following accounts will be used to record the transaction? Question depreciation is a process of.
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- a customer’s promise to pay in the future for services or goods sold is called a(n) _____. The journal entry to record this transaction is as. Your business purchased office supplies of $2,500 on account.
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(a) accounting is not fully exact. Which of the following accounts is not a liability? A) wages payable b) notes payable c) unearned revenue d) accounts receivable.
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It is a personal account based on the fact that it relates to actual persons.also the nature of this account is a liability (accrual) account since it is still unpaid. The economic value of an obligation or debt that is payable by the enterprise to other establishment or individual is referred to liability. A) accounts receivable b) cash c) building d) notes payable.
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Principal amounts owed to banks and other lenders for borrowed funds. The lenders, vendors, suppliers, employees, tax. Asked aug 26, 2019 in business by clp8001
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When accounts payable are recorded at the gross amount, a purchase discounts lost account will be used. (c) accounting ignores price level changes. Prepaid rent expense o d.
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(c) accounting ignores price level changes. A) accounts payable b) accrued expenses c) cash notes d) payable. It is a personal account based on the fact that it relates to actual persons.also the nature of this account is a liability (accrual) account since it is still unpaid.
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Which account is not a liability account? Asked aug 26, 2019 in business by clp8001 All firms have obligations and liabilities related to both their.
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(c) accounting ignores price level changes. Which of the following liability accounts is usually not satisfied by payment of cash? They don’t offer better tax benefits
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The journal entry to record this transaction is as. Prepaid rent expense o d. When accounts payable are recorded at the gross amount, a purchase discounts lost account will be used.
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The left side of an account is used to record which of the following? Which of the following accounts is a liability. Which of the following is a formal written promise to pay a definite sum of money on demand or at a fixed or determinable future date?
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Your business purchased office supplies of $2,500 on account. A liability that wants to be paid and would create an outflow. A) accounts payable b) accrued expenses c) cash notes d) payable.
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The purchase of inventory on credit from a supplier. When accounts payable are recorded at the gross amount, a purchase discounts lost account will be used. Amounts owed for wages, interest, taxes, and amounts incurred but not yet.
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Which of the following is true about accounts payable? A liability account is a general ledger account in which a company records the following which resulted from business transactions: A purchasing power loss if the item is a monetary liability.
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Which of the following liability accounts is usually not satisfied by payment of cash? Which of the following is a formal written promise to pay a definite sum of money on demand or at a fixed or determinable future date? When accounts payable are recorded at the gross amount, a purchase discounts lost account will be used.
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10+ million students use quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes. Which of the following accounts is a liability? Investment vehicle it has failed to capture the imagination of the retail investors in india because of which of the following reasons?
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It is a personal account based on the fact that it relates to actual persons.also the nature of this account is a liability (accrual) account since it is still unpaid. It is a personal account based on the fact that it relates to actual persons.also the nature of this account is a liability (accrual) account since it is still unpaid. A) wages payable b) notes payable c) unearned revenue d) accounts receivable.
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Which of the following would be an incorrect way to complete the recording of this transaction: Prepaid rent expense o d. 13) a customer’s promise to pay in the future for services or goods sold is called a(n) _____.
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The following mcqs can help you to practice and get better marks in the upcoming class 12 accountancy examination. Asked aug 26, 2019 in business by clp8001 Amounts owed to suppliers for goods and services received on credit.
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Amounts owed for wages, interest, taxes, and amounts incurred but not yet. The left side of the account is used to record which of the following. A liability account is a general ledger account in which a company records the following which resulted from business transactions:
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