You cannot swing upon a rope that is attached only to
your own belt.
Module 8Review Questions
1. Which of the following does not affect the current liabilities section of the balance sheet?
A) Purchase of inventory on credit
B) Wages owning to employees but not yet paid
C) Insurance bill to be paid next month
D) Sale of go
Select the best answer for each of the following questions. Mark your selection on the
examination. Also record your selection on the answer sheet. Show all work on the problems.
Turn in your examination