Final SUA Review Question and answers already passed 2023/2024

Final SUA Review Question and answers already passed 2023/2024Adjusting entries are prepared for which of the following a. record depreciation expense b. adjust payroll expense for wages earned but not yet paid c. record an inventory purchase d. a and b only - correct answer d. in the cash disbursements cycle, the vendor invoice is marked paid when a check is issues in order to a. avoid duplicate payment b. file the invoice alphabetically c. make the necessary entry in cash disbursement journal d. indicate the purchase is a fixed asset - correct answer a. at warren sports supply a completed credit sales transaction should be supported by a. a customer order, bill of lading, sales invoice b. a customer order, receivin