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单选题 What does "liabilities" mean in accounting
学科：默认课程
时间：2025-11-21 00:19:39
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题目1单选题
The adjusting entry to accrue salaries expenseA. Debits Salaries Payable and credits CashB. Debits Salaries Payable and credits Salaries ExpenseC. Debits Salaries Expense and credits CashD. Debits Salaries Expense and credits Salaries Payable
题目2单选题
If sales are $37,500 and gross margin percentage is 45%, what was cost of goods soldA. 15,789B. 16,875C. 17,896D. 20,625
题目3单选题
The purchase of land for cash is recorded by aA. Credit to Cash and a credit to LandB. Debit to Cash and a debit to LandC. Debit to Land and a credit to CashD. Debit to Cash and a credit to Land
题目4单选题
The economic resources of a business are calledA. LiabilitiesB. Accounts payableC. AssetsD. Owner's equity
题目5单选题
What does "accounts receivable" meanA. Money owed by the company to its suppliersB. Money in the company's bank accountC. Money spent by the company on operationsD. Money owed to the company by its customers
题目6单选题
The accounting equation isA. Assets - Owner's Equity = LiabilitiesB. Assets = Liabilities + Owner's EquityC. Assets + Liabilities = Owner's EquityD. Assets = Liabilities - Owner's Equity
题目7单选题
What does "liabilities" mean in accountingA. Resources owned by the companyB. Debts or obligations of the companyC. Owner's investments in the companyD. Costs incurred by the company
题目8单选题
What is the gross margin if sales are $100,000 and cost of goods sold is $60,000A. 30,000B. 50,000C. 40,000D. 60,000
题目9单选题
"所有者" 的英文是A. InventoryB. OwnerC. CreditorD. Individual
题目10单选题
A business received cash of $3,000 in advance for service that will be provided later. The cash receipt entry debited Cash and credited Unearned Revenue for $3,000. At the end of the period, $1,100 is still unearned. The adjusting entry for this situation willA. Debit Unearned Revenue and credit Revenue for $1,900B. Debit Revenue and credit Unearned Revenue for $1,900C. Debit Revenue and credit Unearned Revenue for $1,100D. Debit Unearned Revenue and credit Revenue for $1,100
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