Multiple Choice
Prepaid Rent in the worksheet's unadjusted trial balance column is $6,000.Prepaid Rent in the balance sheet column is $5,000.Which of the following entries would have caused this difference?
A) a $1,000 debit entry to Prepaid Rent in the worksheet's adjustments column
B) a $1,000 credit entry to Rent Expense in the worksheet's adjustments column
C) a $1,000 credit entry to Prepaid Rent in the worksheet's adjustments column
D) a $1,000 credit entry to Rental Revenue in the worksheet's adjustments column
Correct Answer:
Verified
Correct Answer:
Verified
Q52: Which of the following entries is necessary
Q56: The worksheet helps accountants to _.<br>A)make the
Q60: Which of the following statements is an
Q62: Property,plant,and equipment are categorized as _.<br>A)current assets<br>B)plant
Q63: The following is the adjusted trial balance
Q65: A balance sheet prepared in the report
Q66: The current ratio measures _.<br>A)a company's ability
Q75: List the order in which the balance
Q76: A current ratio that has increased from
Q191: In the worksheet,the adjusted balance of the