Failure to record an adjusting entry may have which of the following affects on the financial statements? (check all that apply)

 

Which accounts are considered balance sheet accounts? (check all that apply)

Which sectors are not for profit organizations a part of? (check all that apply)

What is another commonly known term for accounts payable?

Due to the time value of money, it is safe to assume that costs will rise over time, because of this which inventory cost flow assumption produces the most profit on paper?

What inventory cost flow assumption do companies that sell nonperishable goods usually use?

At what point does the buyer have ownership of the goods in a FOB destination situation (check all that apply)?

How many accounts can be affected in a single journal entry?

Should the accounts payable balance be decreased by a credit or debit?

What is the FICA percentage withheld from gross wages up to $118,500 for 2016?

What is a common name used for suppliers?