Bookkeeping certificatio - Study guides, Class notes & Summaries

Bookkeeping Certification

BOOKKEEPING CERTIFICATION EXAM QUESTIONS WITH COMPLETE ANSWERS Centrum Services purchased $36,000 worth of equipment. The equipment has an estimated useful life of five years and no salvage value. Using the straight-line method, the depreciation for the first month is -ANSWER- $600. On a worksheet, the adjusting entry to account for depreciation of equipment consists of a -ANSWER- debit to Depreciation Expense and a credit to Accumulated Depreciation. The adjusting entry to account for ...

Bookkeeping Certification Course Exam Questions and Solutions

Bookkeeping Certification Practice Test Questions and Answers 2024

Bookkeeping Certification Practice Test questions with answers

Bookkeeping Certification Practice Test Exam Questions With Solutions 100% Correct Springville Distributors made sales using a list prie of $880 and a trade discount of 30%. What amount should be recorded for the sale? A) $594 B) $216 C) $264 D) $616 D Laws passed by Congress in 1933 and 1934 gave the Securities and Exchange Commission (SEC) final say on matters of financial reporting by publicly owned corporations. A) True B) False A

Bookkeeping Certification Course Exam Questions With Solutions 100% Correct A schedule that contains all accounts needed to prepare financial statements is known as: general ledger Reorganizing all the journal entries and grouping them by account is known as: posting to the ledger Chart of Accounts (COA) an ordered listing of accounts that a company has identified and made available for recording transactions Journal Entry an accounting method for expressing the effects of a transact...

Bookkeeping Certification Course

Bookkeeping Certification Exam|37 Complete Questions and Answers