BUS-A 100 Study Guide - Midterm Guide: Accounts Payable, Pricewaterhousecoopers, Kpmg
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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? a ernst & young d kpmg. 2 which of the following is true about assets? a when land is sold for a loss, total assets are decreased by the amount of the loss. 3 which of the following is true about unearned revenue? a when unearned revenue is earned, assets are increased and liabilities are decreased. 4 panthers, inc. began 2014 with ,000 in total assets and ,000 in common stock. The company start in business in 2013 and in that year, it earned ,000 in net income and paid no dividends. Panthers have in total assets at the end of 2014 if it earned ,000 in net income and paid ,000 in divid. Panthers had total liabilities at december 31, 2014 of ,000. a ,000. ,000 c ,000 d ,000 e none of the. 5 cougar corporation bought inventory on account on august 23rd.
