Which of the following inventory costing methods is appropriate for a business with a relatively small number of unique inventory items with a high unit cost?

The directive to recognize revenue only when it is reasonably certain of happening and to recognize expenses as soon as they are incurred is known by which principle?

Which source document would be used when inventories are returned to a supplier?

Which account would NOT form part of the Trading Account?

Which of the following is NOT generally used as an alternative name for a 'Balance sheet'?

A check that was received from a debtor was dishonored. How does this transaction affect the debtors control account in the general ledger?

End-of-period adjustments do NOT include which transactions?

If Assets totaled $40,000 and Owners Equity is 40% of the total Assets, what is the value of the Liabilities?

Which of the following accounts is NOT a current liability?

Which of the following is NOT a contra account?

Which of the following is the summary of accounts