Devry Acct 304 All Weeks Quizzes-Latest 2015 All Correct Answers

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Devry ACCT 304 All Weeks Quizzes-Latest 2015
All Correct Answers IF You Want To Purchase A+ Work then Click The Link Below For Instant Down Load http://www.hwspeed.com/Devry-ACCT-304-All-Weeks-Quizzes-Latest-2015-65434555145.htm?categoryId=-1 IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM
Question
quizzes
Week 1 (TCO 1) The SEC issues accounting standards in the form of accounting research bulletins. financial reporting releases. financial accounting standards. financial technical bulletins.

Question 2. Question : (TCO 2) The conceptual framework's qualitative characteristic of relevance includes predictive value. verifiability. completeness. neutrality. Question 3. Question : (TCO 3) Hughes Aircraft sold a four-passenger airplane for $380,000, receiving a $50,000 down payment and a 12% note for the balance. The journal entry to record this sale would include a credit to cash. debit to cash discount. debit to note receivable. credit to note receivable.

Question 4. Question : (TCO 3) Cal Farms reported a supplies expense of $2,000,000 this year. The supplies account decreased by $200,000 during the year to an ending balance of $400,000. What was the cost of supplies Cal Farms purchased during the year? $1,600,000 $1,800,000 $2,200,000 $2,400,000

Question 5. Question : (TCO 3) The purpose of closing entries is to transfer accounts receivable to retained earnings when an account is fully paid. balances in temporary accounts to a permanent account. inventory to cost of goods sold when merchandise is sold. assets and liabilities when operations are discontinued. Week 2 (TCO 4) Current assets include cash and all other assets expected to become cash or be consumed within one year. within one operating cycle. within one year…...

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