Aof Panel

Soru 1

Which is incorrect information about accrual-basis accounting?

Soru 2

...................... assumes that unlimited economic life of a company.

Which of the following should be brought to the space left above?

Soru 3

Which financial statement is prepared on the basis of balance sheet, income statement and owner’s equity statement?

Soru 4

I. Depreciation expense

II. Accrued revenues

III. Deferred (Prepaid) expenses

IV. Owner withdrawal

Which of the above or which ones is not an types of adjustments?

Soru 5

Dolphin Inc. purchased supplies for 2.500 during 2017. At year end, Dolphin had 500 of supplies left. The adjusting entry should....

Soru 6

I. Cash basis

II. Valuation basis

III. Accrual basis

Which of the above is/are takes place in the main basis of accounting?

Soru 7

Which of the following assumes that unlimited economic life of a company will be divided into regular intervals and that financial statements will be prepared for specific periods such as a month, quarter, or year?

Soru 8

Which of the following is the gross increase in owner’s equity from delivering goods or services to customers and clients?

Soru 9

Which of the following is the cost of assets consumed or services used during the revenue earning process?

Soru 10

Which of the following dictates that revenue is recognized when it is earned not the cash is received?

Soru 11

Which of the following is not one of the basic categories of adjustments?

Soru 12

Which of the following is the systematic allocation of the depreciable amount of an asset over its useful life?

Soru 13

Which of the following is can be calculated as depreciable asset’s cost minus the asset’s accumulated depreciation?

Soru 14

________ dictates that revenue is recognized when it is earned not the cash is received.

Which of the following completes the statement above?

Soru 15

Which of the following means that you will record the expenses at the same time with the revenues related with these expenses are recorded?

Soru 16

Which of the following assumes that expense is recognized before the cash is paid?

Soru 17

Which of the following dictates that revenue is recognized after the cash is received?

Soru 18

Which of the following refers to the cost of an asset, or other amount substituted for cost, less than its residual value?

Soru 19

Which of the following refers to the advance payments of future expenses?

Soru 20

Which of the following refers to the expected value of the plant asset at the end of its useful life?

MUHASEBE I - Deneme Sınavı - 8