WGU D103 INTERMEDIATE ACCOUNTING 1 EXAM LATEST 2026
UPDATED QUESTIONS AND VERIFIED 100% SOLUTIONS
(2026/2027) |A+ GRADED |GUARANTEED PASS
Sales Revenue - Answers -Sales-Income Statement
Accounts Receivable - Answers -Sales-Income Statement
Sales Discounts - Answers -Sales-Income Statement
Sales Returns and Allowances - Answers -Sales-Income Statement (revenue section)
Advertising Expense - Answers -Selling Expense-Income Statement
Salaries-Sales - Answers -Selling Expense-Income Statement
Travel & Entertainment for Sales Personnel - Answers -Selling Expense-Income Statement
1|Page
, Insurance Expense - Answers -Administrative Expense-Income Statement
Salaries-Officers - Answers -Administrative Expense-Income Statement
Legal and Professional Services - Answers -Administrative Expense-Income Statement
Rent Revenue - Answers -other revenues and gains-income statement
Gain on sale of land - Answers -other revenues and gains- income statement
Interest on bonds and notes - Answers -other expenses and losses-income statement
Supplies Inventory - Answers -current asset-balance sheet
Prepaid Insurance - Answers -current asset-balance sheet
investments available for sale - Answers -current asset-balance sheet
2|Page
UPDATED QUESTIONS AND VERIFIED 100% SOLUTIONS
(2026/2027) |A+ GRADED |GUARANTEED PASS
Sales Revenue - Answers -Sales-Income Statement
Accounts Receivable - Answers -Sales-Income Statement
Sales Discounts - Answers -Sales-Income Statement
Sales Returns and Allowances - Answers -Sales-Income Statement (revenue section)
Advertising Expense - Answers -Selling Expense-Income Statement
Salaries-Sales - Answers -Selling Expense-Income Statement
Travel & Entertainment for Sales Personnel - Answers -Selling Expense-Income Statement
1|Page
, Insurance Expense - Answers -Administrative Expense-Income Statement
Salaries-Officers - Answers -Administrative Expense-Income Statement
Legal and Professional Services - Answers -Administrative Expense-Income Statement
Rent Revenue - Answers -other revenues and gains-income statement
Gain on sale of land - Answers -other revenues and gains- income statement
Interest on bonds and notes - Answers -other expenses and losses-income statement
Supplies Inventory - Answers -current asset-balance sheet
Prepaid Insurance - Answers -current asset-balance sheet
investments available for sale - Answers -current asset-balance sheet
2|Page