Multiple Choice
Kostner Financial Services Inc.purchased computers that are to be used in its consultancy services.As per the matching principle,the related account that should appear on the balance sheet as of December 31,2014 is ________.
A) Depreciation Expense
B) Service Revenue
C) Accumulated Depreciation
D) Equipment Expense
Correct Answer:

Verified
Correct Answer:
Verified
Q20: Qwerty Inc. prepaid $3,600 on November 1,
Q36: Hank's Tax Planning Service started business in
Q39: The accountant for Jones Auto Repair Inc.failed
Q40: On September 1,2014,Joy Inc.paid $8,000 in advance
Q44: Ursula Tax Planning Service has the following
Q101: An adjusting entry that credits Salaries Payable
Q104: The sum of all the depreciation expense
Q111: All of a company's accounts and their
Q126: Under accrual basis accounting,revenue is recorded only
Q149: Which of the following is the correct