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1. On Exercise 1-3 what is the pronouncement for the Accounting Principles Board
Question 1 of 25 4.0 Points Cross-sectional data are data: A. collected over tim
September 15, 20201. On exercise 3-3 #1 accrued interest payable is what type of account? (Points:
September 15, 20201. On Exercise 1-3 what is the pronouncement for the Accounting Principles Board? (Points: 2)2. On Exercise 1-3 what is the pronouncement for the Securities and Exchange Commission? (Points: 2)3. On Exercise 1-3 what is the pronouncement for the Committee on Accounting Procedure? (Points: 2)4. On Exercise 1-3 what is the pronouncement for the AICPA? (Points: 2)5. On Exercise 2-4 the entry to record item #3 is a debit and credit to what accounts for $200000? (Points: 4)6. On Exercise 2-4 the entry to record item #4 is a debit and credit to what accounts for $280000? (Points: 4)7. On Exercise 2-4 the entry to record item #6 is a debit and credit to what accounts for $3000? (Points: 4)8. On Exercise 2-4 the entry to record item #9 is a debit and credit to what accounts for $5000? (Points: 4)9. On Exercise 2-4 the entry to record item #11 is a debit and credit to what accounts for $250? (Points: 4)10. On exercise 2-8 the entry for #1 is a debit to prepaid insurance and a credit to insurance expense for $10000. (Points: 4)TrueFalse11.
On exercise 2-8 the entry for #2 is a debit to depreciation expense
and a credit to accumulated depreciation for $15000. (Points: 4)TrueFalse12.
On exercise 2-8 the entry for #3 is a debit to bad debt expense and a
credit to allowance for uncollectible accounts for $4500. (Points: 2)TrueFalse13. On exercise 2-8 the entry for #5 is a debit to interest expense and a credit to interest payable for $4000. (Points: 2)TrueFalse14. On exercise 2-8 the entry for #6 is a debit to unearned rent revenue and credit rent revenue for $1500. (Points: 2)TrueFalse15. On exercise 2-12 what is the amount of the debit to sales revenue? (Points: 2)16. On exercise 2-12 what is the amount of the credit to income summary in the revenue closing? (Points: 2)17. On exercise 2-12 what is the amount of the debit to income summary in the expense closing entry? (Points: 2)18. On exercise 2-12 what is the debit to close the income summary account? (Points: 2)
