Basically closing entries are necessary for a reduced to zero the balance of

Basically closing entries are necessary for a reduced

This preview shows page 10 - 14 out of 18 pages.

38.Basically, closing entries are necessary for … . a.reduced to zero the balance of nominal accounts only b.reduced to zero the balance of accounts with debit side only c.reduced to zero the balance of accounts with credit side only d.reduced to zero the balance of all accounts e.closing all of the accounts 39. Perusahaan melakukan pembayaran biaya asuransi kesehatan senilai Rp12.000.000,00 pada tanggal 1 Mei 2013 untuk 1 tahun ke depan. Jurnal yang dicatat oleh perusahaan adalah (dr) Beban Asuransi dan (cr) Kas sebesar masing-masing Rp12.000.000,00.Yang dilakukan perusahaan tersebut adalah … . a. salah, karena seharusnya dicatat (dr) Asuransi dibayar dimuka dan (cr) Kas senilai Rp12.000.000,00 b. salah, karena seharusnya dicatat (dr) Asuransi yang masih harus dibayar dan (cr) Kas senilai Rp12.000.000,00 c. benar, karena memang boleh dicatat sebagai beban atau aset d. benar, karena hal itu memang sudah menjadi beban bagi perusahaan e. bisa benar atau salah tergantung dari kebijakan perusahaan
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9 40.Which of the following statements is correct? 41.Double-entry accounting is an accounting system … . 42.In the following is Adjusted Trial Balance of “Ina Beauty Clinic” at 31 December 2013 with each account is presented based on its normal balance: Ina Beauty Clinic Adjusted Trial Balance For the Year ended December 31, 2013 (in 000 Rp) Cash 6.000 Prepaid rent 4.000 Prepaid insurance 1.250 Supplies 2.000 Equipment 7.500 Accumulated depreciation of equipment 3.000 Building 25.000 Accumulated depreciation of Building 2.500 Land 8.000 Notes payable 3.000 Unearned revenues 1.500 Bank Debt 10.000
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10 Ina’s Capital 35.000 Ina’s Withdrawals 5.000 Revenue 15.000 Payroll Expense 3.000 Utilities Expense 2.250 Supplies expense 1.150 Depreciation expense - equipment 1.500 Depreciation expense – building 1.250 Rent expense 1.200 Insurance expense 900 The amount of Total Asset will be… .
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