Question: Multiple Choice Ident choice that best completes the statement of anwer the question 1) What term is used to describe the situation where the value
Multiple Choice Ident choice that best completes the statement of anwer the question 1) What term is used to describe the situation where the value of an intangible asset may be significantly diminished? A) Impairment B) Amortization C) Depletion D) Depreciation 2) Which of the following are "matched under the matching concept? A) Expenses and revenues B) Assets and liabilities C) Assets and equity D) Expenses and liabilities 3) Farmer Company sold a piece of equipment for $6,000. The equipment had an original cost of $34,000 and accumulated depreciation of $31.000 at the time of the sale. Which of the following correctly shows the effect of the sale on the elements of the financial statements RevGais Ex - Netle Cash Equity 3,000 NA 3,000 3,000 NA 3,000 6,000 OA 6,000 Ouvrir avec - NA (3.000) NA (3.000) (3.000) 3,000 3.000 NA TA 6,000 c. NA 3,000 3,000 3.000 6,000 6000 NA 6,000 NA 6,000 6,000 IA A) A BB DD CC 4) On August 1, 2018, Jackson Company issued a one-year $80,000 face value interest-bearing note with a stated interest rate of 9% to Galaxy Bank. Jackson accrues interest expense on December 31, 2018, its calendar year-end. What is the cash flow from financing activities that will be reported during the year ending December 31, 2018? A) SO B) 583,000 inflow C) $80,000 inflow D) (587,200) outflow , otifications de bureau pour Gmail
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