menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Intermediate Accounting Study Set 2
  4. Exam
    Exam 3: The Balance Sheet and Financial Disclosures
  5. Question
    When a Company Accrues Salaries at the End of the Accounting
Solved

When a Company Accrues Salaries at the End of the Accounting

Question 22

Question 22

Multiple Choice

When a company accrues salaries at the end of the accounting period:


A) Its acid-test ratio increases.
B) Its current ratio increases.
C) Its debt to equity ratio decreases.
D) Its debt to equity ratio increases.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q17: Balance sheets prepared under IFRS often exclude

Q18: Using an example, discuss the techniques that

Q19: The balance sheet for Altoid Co. is

Q20: Which of the following would be an

Q21: Carter Appliances is preparing its annual report

Q23: Which of the following is not a

Q24: Assets classified as property, plant, and equipment

Q25: Listed below are five terms followed by

Q26: The condensed balance sheet and income statement

Q27: The following partial balance sheet ($ in

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines