Exam (elaborations)
UTA ACCT 3311 Entrance Exam QUESTIONS AND ANSWERS RATED A+ 2024/2025
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UTA ACCT 3311 Entrance Exam QUESTIONS AND ANSWERS RATED A+ 2024/2025
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UTA ACCT 3311 Entrance ExamDetermine the economic statement the following bills are reported on: (B, I, or C)
inventory
Balance sheet - asset
Determine the monetary declaration the subsequent money owed are suggested on: (B, I, or C)
prepaid prices
Balance sheet - asset
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Determine the financial declaration the subsequent debts are stated on: (B, I, or C)
sales
Income assertion - revenue
Determine the economic declaration the following debts are stated on: (B, I, or C)
COGS
Income announcement - rate
Determine the financial assertion the subsequent debts are pronounced on: (B, I, or C)
cash
Balance sheet - asset
Determine the financial announcement the subsequent money owed are mentioned on: (B, I, or
C)
accounts payable
, Balance sheet - liability
Determine the financial assertion the following accounts are pronounced on: (B, I, or C)
amassed costs
Balance sheet - legal responsibility
Determine the monetary statement the subsequent money owed are mentioned on: (B, I, or C)
cash from operations
Cash flow statement
Determine the monetary assertion the following bills are pronounced on: (B, I, or C)
accounts receivable
Balance sheet - asset
Determine the economic announcement the subsequent debts are suggested on: (B, I, or C)
interest sales
Income statement - sales
Determine the financial declaration the following accounts are stated on: (B, I, or C)
notes payable
Balance sheet - legal responsibility
Determine the financial announcement the subsequent debts are suggested on: (B, I, or C)
dividends paid
Cash drift announcement
Determine the monetary announcement the following bills are suggested on: (B, I, or C)
rent rate
Income declaration - rate
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