Accounting

Page: 1 2 Page 1 of 1 metre Remaining: 1. (TCO A) Listed below are some discriminating information characteristics and chronicle normals and arrogances. Match the letter of individu every(prenominal)y with the suppress phrase that states its application. (Points: 30) co-ordinated: Answer Potential Matches: : Consistency characteristic 1: insertion of error-free information with representational faithfulness. 2: Money is the earthy denominator of frugalal activity and provides an appropriate basis for accounting standard and analysis. 3: Business enterprise assumed to have a considerable life. 4: Application of the same accounting doctrines as in the preceding year. 5: Valuing assets at amounts originally paying(a) for them. 6: Implies that a company can divide its economic activities into slushy time periods. 7: Notes as part of requirement information to a fair presentatio n. 8: Affairs of the line of products high-minded from those of its owners. 9: Economic activity can be determine with a particular unit of measurement of accountability. 10: bread serve completed and realized or realizable.

: Historical greet principle : Going concern principle : Periodicity speculation : dependability characteristic : Economic entity assumption : Monetary unit assumption : Revenue recognition principle : Full divine revelati on principle : Economic ! entity assumption 2. (TCO B) Adjusting Entries: Unearned rent at 1/1/10 was $10,300 and at 12/31/10 was $6,000. The records indicate cash receipts from rental sources during 2010 amounted to $50,000, all of which was ascribe to the Unearned Rent Account. You are to prepare the lacking(p) adjusting entry. For each journal entry write Dr for debit and Cr for credit. (Points: 10) 3. (TCO B) Adjusting Entries: information relating to the balances of various accounts...If you want to get a enough essay, fix it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper