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4. Trie 4. Filse A Thed B. File (9) 5 . Trer Sth Find 8) F. Trae reteres. A. Thx (B.) Faise Felerecs afel espernce it the A. hivinec sicet B. boverestretreti. C. sialenct af ens lisws. D. riainad eckaitgs itascricre Q7) The leat difinitian of wesets is thr a cat oured ty die conpacy. b. callatime re nyaumes belinging to ite corpgay and the chins en then rescuras. c. ousers' isyestrent is the tweiersk. 28) The primmy goals of inceasury thasageacer do not irctade: B. sarmainitg sufficiete guality of ineatoey to kecp catomers serinfisd 4. Scilisis atipentes 15. 525000 c. 518 aro D. The averape of the thet prices A. If liatilines or ahazhotilen' ryeily chatge, aveit mate shope as well. tharcholdien" cquity inis erawaction affect the accounting eyuation? A. Asiets increase, lrabilifics trmain enchat fed, Nartholacts' tquity accreaces. 7) Assers incte ce Accets inctease fableties increase, sharcholdets xysidy decrcacs. D. Akerh ificredes, lishilities increave, whacholders eqeity bemains unchamped Q-14) Which of the following is nor truc? A. Account names in the chart of accoents shosh be afficienthy descriptive in ctable seen to quakly inderstand ifent. B. The chan of accosinis can te tailored to each compary. C Accoust names should be linked to account numbers in the chart of accoubk. Canada Q 1 li D4 ife is of the math, dumping wve Q17) Dering lase, The cerass In Gireener Cevppany mous 100 Lwns a week and is puat in tuly by thue. A. The lichoe Stafement shows the clfects of the trasoctions in fune. 13. The lacrame Stateracut shows fhe effects of the tramactions in July. C. The Balance Sheref shows wo effect from the tranxacticies in lane. 1. The frurstactions have bo effoct on the Balabce Sbod. fhe serthec eratil samuary 2021 . 4. Ering the akcruil busis of accounting. the revenuc is reportes it lambary 2021. B. Lring the cash basis of accounting, the revenic is reported is November 2095. 1. Csing the acerual basts of accocinting, the reventse is reported when the expeeves we poud. Q:19) Sensational Swimwear Company borrowed $60,000 from the bank and wsed wil the moocy to redesign its new store. The company's Balance Sheet should show this a: A. $60,000 under Property, Plant \& Equipment and $60,000 under Notes Payable. B. S60,000 under Supplies Inventory and $60,000 under Accounts Payable. C. $60,000 under Prepaid Expenses and \$60,000 under Accrued Liabilities Henctaf fatwif eqmopany x net aater? 1. 57cos2x2 H) sin2510 fe sixy, D. $78,8(x) administratine cxpences of \$45.000. Net operating incoere (loss) wa: A. 5(15.000 B. 525,000 C. 555,000 D. 530,000 Q:26) An investor looking at a company's financial statenems would be mov interested in 4. Trie 4. Filse A Thed B. File (9) 5 . Trer Sth Find 8) F. Trae reteres. A. Thx (B.) Faise Felerecs afel espernce it the A. hivinec sicet B. boverestretreti. C. sialenct af ens lisws. D. riainad eckaitgs itascricre Q7) The leat difinitian of wesets is thr a cat oured ty die conpacy. b. callatime re nyaumes belinging to ite corpgay and the chins en then rescuras. c. ousers' isyestrent is the tweiersk. 28) The primmy goals of inceasury thasageacer do not irctade: B. sarmainitg sufficiete guality of ineatoey to kecp catomers serinfisd 4. Scilisis atipentes 15. 525000 c. 518 aro D. The averape of the thet prices A. If liatilines or ahazhotilen' ryeily chatge, aveit mate shope as well. tharcholdien" cquity inis erawaction affect the accounting eyuation? A. Asiets increase, lrabilifics trmain enchat fed, Nartholacts' tquity accreaces. 7) Assers incte ce Accets inctease fableties increase, sharcholdets xysidy decrcacs. D. Akerh ificredes, lishilities increave, whacholders eqeity bemains unchamped Q-14) Which of the following is nor truc? A. Account names in the chart of accoents shosh be afficienthy descriptive in ctable seen to quakly inderstand ifent. B. The chan of accosinis can te tailored to each compary. C Accoust names should be linked to account numbers in the chart of accoubk. Canada Q 1 li D4 ife is of the math, dumping wve Q17) Dering lase, The cerass In Gireener Cevppany mous 100 Lwns a week and is puat in tuly by thue. A. The lichoe Stafement shows the clfects of the trasoctions in fune. 13. The lacrame Stateracut shows fhe effects of the tramactions in July. C. The Balance Sheref shows wo effect from the tranxacticies in lane. 1. The frurstactions have bo effoct on the Balabce Sbod. fhe serthec eratil samuary 2021 . 4. Ering the akcruil busis of accounting. the revenuc is reportes it lambary 2021. B. Lring the cash basis of accounting, the revenic is reported is November 2095. 1. Csing the acerual basts of accocinting, the reventse is reported when the expeeves we poud. Q:19) Sensational Swimwear Company borrowed $60,000 from the bank and wsed wil the moocy to redesign its new store. The company's Balance Sheet should show this a: A. $60,000 under Property, Plant \& Equipment and $60,000 under Notes Payable. B. S60,000 under Supplies Inventory and $60,000 under Accounts Payable. C. $60,000 under Prepaid Expenses and \$60,000 under Accrued Liabilities Henctaf fatwif eqmopany x net aater? 1. 57cos2x2 H) sin2510 fe sixy, D. $78,8(x) administratine cxpences of \$45.000. Net operating incoere (loss) wa: A. 5(15.000 B. 525,000 C. 555,000 D. 530,000 Q:26) An investor looking at a company's financial statenems would be mov interested in

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