Chapter 8- 9 Test 1.An comptroller neglects to figure out the yearly depreciation for an galvanizing automobile pencil sharpener, which personify $30 and has an expected usable heart of five years. That is because the gradeant charged the entire $30 to the seat outlay account at the time of purchase. develop whether the accountant has violated the consistency, materiality, or full-of-the-moon disclosure article of belief and assure why. 3.In the chart below, print in the numbers of the accounts that ar debited and credited when the given adjustments atomic number 18 made. For items b), c), and d), assume that accounting clerks debited nonnegative accounts when they received the appropriate invoices. |Adjustments |DR |CR | |a) Adjust for late-arriving telephone scape | | | |b) Adjust for insurance use | | | |c) Adjust for prepaid certainty | | | |d) Adjust for supplies used | | | | winder outs | | |1. |Accounts Payable |7. |Supplies | |2.
|Customers Account |8. | postpaid take | |3. |Licence disbursement |9. |Prepaid Licences | |4. |Insurance Expense |10. |Supplies Expense | |5. |Insurance Assets |11. |Telephone Expense | |6. | swap Inventory | 4.Kathy Morris owns a small decorating business called support Decorating. A partially unblemished work sheet for bounteousness Decorating and supererogatory information hap directly. Additional Information 1.Purchase invoices received in January 20-3, which pertain to goods or operate received in 20-2, are for the...If you shoot to get a full essay, order it on our website: Ordercustompaper.com
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