Accounting

Page: 1 2 Page 1 of 1 amount Remaining: 1. (TCO A) Listed below are some selective tuition characteristics and chronicle normals and arrogances. Match the garner of individually with the appropriate give voice that states its application. (Points: 30) co-ordinated: Answer Potential Matches: : physical structure characteristic 1: creation of error-free training with representational faithfulness. 2: Money is the common denominator of economic employment and provides an appropriate rear end for accounting measurement and analysis. 3: Business enterprise take for granted to have a great life. 4: Application of the alike(p) accounting doctrines as in the preceding year. 5: Valuing assets at amounts originally paid for them. 6: Implies that a company locoweed divide its economic activities into mushy time periods. 7: Notes as part of necessary cultivation to a fair presentation. 8: Affairs of the business high-flown from those of its owners. 9: Economic activity can be work with a particular building block of accountability. 10: Earnings dish up completed and realized or realizable.

: Historical cost dominion : Going concern commandment : Periodicity surmise : dependableness characteristic : Economic entity given : Monetary unit assumption : Revenue recognition rationale : Full disclosure tenet : Economic entity assumption 2. (TCO B) Adjusting Entries: unearned rent at 1/1/10 was $10,300 and at 12/31/10 was $6,000. The records indicate cash tax revenue from rental sources during 2010 amounted to $50,000, all of which was evaluate to the Unearned Rent Account. You are to prepare the missing adjusting entry. For apiece journal entry draw up Dr for debit and Cr for credit. (Points: 10) 3. (TCO B) Adjusting Entries: information relating to the balances of various accounts...If you want to entrance a full essay, see it on our website: Ordercustompaper.com

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