Accountant

A A receipt issued by the buyer for cash received B A report on bank interest C A document showing only employee wages D A supplier's document showing goods or services supplied and the amount charged

A To list all customers' telephone numbers B To organize and classify accounts used in the general ledger C To calculate exchange rates automatically D To set the company's selling prices

A A list of unpaid customer invoices only B The main collection of accounts used to record and summarize transactions C A record of employee leave only D A tax authority's annual report

A Total debits equal total credits B Total expenses equal total liabilities C Every account must have a debit balance D Total assets equal total revenue

A Zero in every period B Credit C Debit D Either, with no usual balance

A Credit B Debit C Always zero D It depends only on cash sales

A Debit B It depends only on depreciation C Always zero D Credit

A Credit B Debit C The same as revenue D Always zero

A Increase expenses and decrease equity B Decrease receivables and increase cash C Decrease assets and increase liabilities D Increase receivables and increase revenue

A Increase revenue and increase cash B Increase equipment and decrease cash C Decrease equipment and increase cash D Increase expenses and increase accounts payable