Saturday, October 10, 2020

Permanent accounts would not include:

Permanent accounts would not include:


A) Interest Expense.

B) Salaries Payable.

C) Prepaid Rent.

D) Deferred Revenues.


Answer: A

No comments:

Post a Comment

Assuming a current ratio of 1.2 and an acid-test ratio of 0.80, how will the purchase of inventory with cash affect each ratio?

Assuming a current ratio of 1.2 and an acid-test ratio of 0.80, how will the purchase of inventory with cash affect each ratio? A) Increase ...