BUS-A 100 Study Guide - Midterm Guide: Big Four Accounting Firms, Accounts Payable, Retained Earnings
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BUS-A 100 Full Course Notes
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1 which of the following is not one of the big four accounting firms? a pwc d kpmg. 2 which of the following accounts would not be located on the balance sheet? a accounts receivable d interest payable. 3 the "net carrying value of equ ipment" is a the sales price of the equipment. the amount paid for the equ ipment when it was originally purchased . c the value of the equipment to an outside party. @the purchase price of the equipment minus any accumulated depreciation e the total depreciation on a piece of equipment. 4 which of the following is true of unearned revenue? a unearned revenue is recorded on the statement of cash flows when it is earned. 5 company a delivered inventory to company bon january 6th. Company b paid company a for the inventory on january 20th company b sold all of the inventory to customer on february 3rd.
