achivmt_test_answ4

achivmt_test_answ4 - 9th Edition Financial and Managerial...

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Unformatted text preview: 9th Edition Financial and Managerial Accounting Warren/Reeve Chapter Test 4A FILL-IN-THE-BLANKPRINCIPLES AND TERMINOLOGY A TEST4A (Concluded) INSTRUCTIONS: Complete each of the following statements by writing the appropriate words in the Answers column. For Answers Scoring 0. The entries that reduce the balances in revenue and expense accounts to zero at the end of the accounting period are known as ........................ closing entries 0. ____ 1. A period ending when a businesss activities have reached the lowest point in its annual operating cycle is termed the ....................................... 1. ____ 2-4. Indicate whether each of the following accounts would be reported on the post-closing trial balance (answer yes or no): 2. P. J. Edson, Drawing ................................................................................. 2. ____ 3. Accumulated DepreciationMachinery .................................................... 3. ____ 4. Depreciation ExpenseOffice Equipment ................................................ 4. ____ 5-7. Indicate whether each of the following would be reported on the...
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achivmt_test_answ4 - 9th Edition Financial and Managerial...

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