Multiple Choice
The employees of Robert Rogers, CPA, worked on the last two weeks of December, 2014. They received their paychecks on January 2. Which of the following accounts should appear on the income statement for the year ended December 31, 2014, as per the matching principle?
A) Salary Expense
B) Prepaid Expense
C) Salaries Payable
D) Unearned Revenue
Correct Answer:
Verified
Correct Answer:
Verified
Q81: The adjusted trial balance helps to identify:<br>A)account
Q82: An expense that has been incurred but
Q83: The accountant of Ovenly Inc. failed to
Q84: Luminous Electrical Repair performed services costing $8,000
Q85: The accountant for Sparks Electric Company failed
Q88: The assumption that the financial statements of
Q89: Viva Inc. had bought machine X for
Q90: Ursula Tax Planning Service has the following
Q91: On March 1, 2014, Nuggets Inc. paid
Q185: Under cash basis accounting,an expense is recorded