English

Chapter 8- 9 Test 1.An comptroller neglects to calculate the yearly dispraise for an electric automobile pencil sharpener, which cost $30 and has an expect useful heart of five years. That is because the accountant charged the intact $30 to the seat cost account at the measure of purchase. Explain whether the accountant has violated the consistency, materiality, or integral revelation principle and assure why. 3.In the chart below, write in the meter of the accounts that ar debited and credited when the given adjustments are made. For items b), c), and d), assume that accountancy clerks debited plus accounts when they true the appropriate invoices. |Adjustments |DR |CR | |a) Adjust for late-arriving anticipate shaft | | | |b) Adjust for insurance used | | | |c) Adjust for postpaid evidence | | | |d) Adjust for supplies used | | | | key outs | | |1. |Accounts Payable |7. |Supplies | |2.

| guests Account |8. |Prepaid restitution | |3. |Licence Expense |9. |Prepaid Licences ! | |4. |Insurance Expense |10. |Supplies Expense | |5. |Insurance Assets |11. | prognosticate Expense | |6. | swap Inventory | 4.Kathy Morris owns a small decorating dividing line called Premium Decorating. A partially completed work public opinion poll for Premium Decorating and supererogatory information follow directly. Additional development 1.Purchase invoices received in January 20-3, which pertain to goods or services received in 20-2, are for the...If you ask to get a full essay, order it on our website: BestEssayCheap.com

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