Depreciation Closing Temporary Ac Uncollectible Question Preview (ID: 17184)


Depreciation Closing Temporary Ac Uncollectible. TEACHERS: click here for quick copy question ID numbers.

purchase merchandise for cash
a) dr cash cr purchases
b) dr purchases cr cash
c)
d)

what is the entry to close the drawings account
a) dr drawings account cr capital account
b) dr capital account cr drawings account
c)
d)

what are the entry to close sales account
a) dr sales cr income summary
b) dr income summary cr sales
c)
d)

receive a check of 230 for uncollectibel previously written off. what is the entry to reopen the account
a) dr uncollectible expense 230 cr AR 230
b) dr AR 230 cr uncollectible expense 230
c)
d)

if kim has depreciation expense of 5200 for the fiscal year. what is the journal entry for depreciation expense
a) dr accumulated depreciation 5200 cr depreciation expense 5200
b) dr depreciation expense 5200 cr accumulated depreciation 5200
c)
d)

supply estimate uncollectible at 3100 what is the entry to record uncollectible
a) dr AR 3100 cr allowance for uncollectible 3100
b) dr uncollectible ac expense 3100 cr allowance for uncollectible account 3100
c)
d)

a heating system cost 2500 salvage value 100 useful life 10 years what is the depreciation
a) 245
b) 240
c)
d)

what is the journal entry to write off uncollectible accounts
a) dr uncollectible ac expense cr allowance for uncollectible account
b) dr AR cr allowance for uncollectible
c)
d)

a heating system cost 3800 salvage value 200 useful life 5 years what is the depreciation
a) 720
b) 723
c)
d)

a heating system cost 3400 salvage value 200 useful life 10 years what is the depreciation
a) 310
b) 320
c)
d)

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