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[判断题]

The income statement is useful for helping to assess the risk or uncertainty of achiev

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发布时间：2022-08-18

更多“The income statement is useful for helping to assess the risk or uncertainty of achiev”相关的问题

第1题

The single-step income statement separates operating sources of income from non-opera

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第2题

Which of the following financial statements is generally prepared first？（)

A.Balance Sheet

B.Income Statement

C.Statement of Cash Flow

D.Statement of Retained Earnings

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第3题

Use of a multiple-step income statement will result in the company reporting a higher

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第4题

A single-step income statement does not include a subtotal showing the amounts of gro

ss profit.()

此题为判断题(对，错)。

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第5题

The reason that expenses are recorded by debit entries is that: （).

A.All expense transactions involve offsetting credit entries to the Cash account

B.Expenses are offset against revenues in the income statement.

C.Expenses reduce owners' equity.

D.The statement is untrue-expenses are recorded by debits

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第6题

ABC Company’s 2005 income statement reported net sales of $6,000,000, uncollectible a

A.accounts receivable turnover rate is approximately 4.4 times.

B.accounts receivable turnover rate is approximately 5 times.

C.average number of days to collect an account receivable is 48 days.

D.accounts receivable turnover rate is approximately 13.3 times.

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第7题

A company's trial balance shows a debit balance of $2.1 million brought forward o

n current tax and a credit balance of $5.4 million on deferred tax.The tax charge for the current year is estimated at $16.2 million and the carrying amounts of net assets are $13 million in excess of their tax base.The income tax rate is 30%

What amount will be shown as income tax in the statement of profit or loss for the year().

A、$15.6 million

B、$12.6 million

C、$16.8 million

D、$18.3 million

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第8题

ABC adjusts its books each month and closes its books on December 31 each year. The tr

ial balance at January 31, 2005, before adjustments, follows: Debit Credit Cash....................................................................... $ 6,600 Supplies........................................................................5,400 Unexpired Insurance.............................................12,600 Equipment................................................................72,000 Accumulated Depreciation: Equipment .....................................................$ 18,000 Unearned Admission Revenue .....................................................................12,000 Capital Stock ........................................................................... 20,000 Retained Earnings, January 1, 2005 .......................................................38,200 Admissions Revenue ................................................................................ 27,600 Salaries Expense.............................................. 8,100 Utilities Expense..............................................5,700 Rent Expense.......................................... .5,400 _________ $115,800 $115,800 Refer to the above data. According to attendance records, $8,200 of the Unearned Admission Revenue has been earned in January. Compute the amount of admissions revenue to be shown in the January income statement: ().

A、35800

B、19400

C、8200

D、3800

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第9题

Which of the following journal entries is required to close the Income Summary account

of a profitable company？ ()

A、Debit Income Summary, credit Retained Earnings.

B、Credit Income Summary, debit Retained Earnings.

C、Debit Income Summary, credit Capital Stock.

D、Credit Income Summary, debit Capital Stock.