NAME

Question types


Start with


Question limit

of 22 available terms

Advertisement Upgrade to remove ads
Print test

5 Written questions

5 Matching questions

  1. accounts receivable ledger
  2. uncollectible accounts
  3. book value
  4. plant assets
  5. book value of a plant asset
  1. a the original cost of a plant asset minus accumulated depreciation
  2. b Assets that will be used for a number of years in the operation of a business
  3. c a subsidiary ledger containing only accounts for charge customers
  4. d the difference between an asset's account balance and its related contra account balance
  5. e accounts receivable that cannot be collected

5 Multiple choice questions

  1. an account in a general ledger that summarizes all accounts in a subsidiary ledger
  2. the difference between the balance of accounts receivable and its contra account, allowance for uncollectible accounts
  3. a group of persons elected by the stockholders to manage a corporation
  4. charging an equal amount of depreciation expense for a plant asset in each year of useful life
  5. cumulative amount for all prior years depreciation expense; subtracted from plant and equipment

5 True/False questions

  1. declaring a dividendEarnings distributed to stockholders

          

  2. retained earningsEarnings distributed to stockholders

          

  3. Accounts payable ledgerA subsidiary ledger containing only accounts for vendors from whom items are purchased or bought on account.

          

  4. merchandise inventorya group of persons elected by the stockholders to manage a corporation

          

  5. allowance method of recording losses from uncollectible accountsaccounts receivable that cannot be collected