The accounting cycle? Help please?

I have answered all 100 questions but I am unsure about my answers to these few... Please help 8. Which of the following statements about when the Fed increases the reserve requirement is correct? A. Interest rates go down. B. Banks have more money to...

1. The issuance of quarterly financial statements by a company is an example of which of the following concepts? (Points : 2) a. going concern b.accrual accounting c.periodic measurement d.transformation process 2. The two primary qualities that result...

Indicate whether each of the following statements is true or false. (a) ________ “Generally accepted” means that these principles must have “substantial authoritative support.” (b) ________ GAAP is a set of rules and practices...

Can someone please help with this accounting question? The answer is option A, I just don't understand why. I also know that the accounting equation is Assets = Liabilities + Stockholder's Equity. Please explain to me how they get their result. The three...

Which of the following would represent Net Income? a.Sales > Expenses b. Expenses > Sales c.Assets > Liabilities d.Liabilities > Assets Question 2 (2 points) What is the name of a multicolumn accounting paper used to summarize account balances...

1. Create an Income Statement and Balance Sheet from the activities you have recorded Transactions 6/28/10 Issued common stock for $130,000. 6/30/10 Purchased automatic book shelving equipment for $6,000 in cash. The equipment is expected to last 4 years...

1. Prepare a T-Account and record transactions for each account in transactions below 2. Create an Income Statement and Balance Sheet from the activities you have recorded Transactions 6/28/10 Issued common stock for $130,000. 6/30/10 Purchased automatic...

So, I'm a sophomore in college. I have taken both accounting and Finance courses and I loved them both. I did way better in finance (even though it was really hard - had to study unbelievably a lot more) than accounting. I found accounting easy but I...

i am a virgin so this cant be a STD. i have been having my cycly for 3 yrs now also i usually go on my cycle at the end of the month around the 20th or later... so i have had all the signs of my cycle ovulation and everything i stopped ovulating like...