Published 03.07.2022 21:55 on the subject Economics by snow01
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Q: the following accounts and balances are taken from evan company's adjusted trial balance: accounts payable $10,000 accounts receivable 3,000 accumulated depreciation 1,400 depreciation expense 1,500 dividends 2,400 insurance expense 2,300 interest revenue 1,240 prepaid insurance 2,320 retained earnings 10,500 salary expense 24,100 service revenue 37,800 in the closing process, which accounts are credited? a) accounts receivable, prepaid insurance, salary expense b) depreciation expense, dividends, insurance expense, salary expense c) depreciation expense, insurance expense, salary expense, prepaid insurance d) interest revenue, service revenue
Which of the following accounts would most likely be reviewed by the auditor to gain reasonable assurance that additions to the equipment account are not understated?
Answer:
si mark ta.himik yan.
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Answer:
Reviewing the purchase return and allowance account. Which of the following accounts would most likely be reviewed by the auditor to gain reasonable assurance that additions to property, plant, and equipment are not understated? Repairs and maintenance expense.
Explanation:
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