Multiple Choice
Which of the following events does not result in the recording of an expense?
A) Payment of a dividend
B) Purchase of gasoline for fill-up of a company car
C) Receipt of a bill from the telephone company
D) Payment of wages
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q10: A credit to an asset account means
Q41: The purpose of the ledger is to<br>A)
Q48: One can obtain a clear picture of
Q55: It is sometimes correct for a compound
Q61: Fair Value is the exchange price associated
Q71: Which of the following accounts is decreased
Q72: Given the following ledger account and postings,complete
Q73: Using the alphabetical list of account
Q122: Which of the following errors will not
Q126: Journal entries are typically posted only at