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Exam (elaborations)

MGT 8803 Accounts Exam 1 Actual study with Questions and correct/verified Answers

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MGT 8803 Accounts Exam 1 Actual study with Questions and correct/verified Answers

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MGT 8803
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Uploaded on
May 20, 2025
Number of pages
2
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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MGT 8803 Accounts Exam 1 Actual
study with Questions and
correct/verified Answers
cash - ANSW-Current Asset (BS)
Deferred Revenue - ANSW-Current Liability (BS)
Treasury Stock - ANSW-Contra-Equity (BS)
Cost of Goods Sold - ANSW-Expense (IS)
Interest Expense - ANSW-Expense (IS)
Sales - ANSW-Revenue (IS)
Sales Discounts - ANSW-Contra-Revenue (IS)
Sales Returns - ANSW-Contra-Revenue (IS)
Discounts on Bonds Payable - ANSW-Contra - Liability (BS)
Inventory - ANSW-Current Asset (BS)
Wages Payable - ANSW-Current Liability (BS)
Common Stock - ANSW-Equity (IS)
Accumulated Depreciation - ANSW-Contra - Asset (BS)
Taxes Payable - ANSW-Current Liability (BS)
Pre-Paid Expense - ANSW-Current Asset (BS)
Dividends Payable - ANSW-Current Liability (BS)
Depreciation Expense - ANSW-Expense (IS)
Marketable Securities - ANSW-Current Asset (BS)
Allowance for Bad Debts - ANSW-Current Contra-Asset (BS)
Utilities - ANSW-Expense (IS)
Rent - ANSW-Expense (IS)
Notes Receivable - ANSW-Asset (BS)
Buildings - ANSW-Asset (BS)
Land - ANSW-Asset (BS)
Bonds Payable - ANSW-Liability (BS)
Goodwill - ANSW-Asset (BS)
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