Identifying permanent accounts Which of the following accounts will usually appear in the post-closing trial balance? a. Accounts Payable b. Accumulated Depreciation c. Carrie Maines, Capital d. Carrie Maines, Drawing e. Cash f. Depreciation Expense g. Fees Earned h. Office Equipment i. Salaries Expense j. Salaries Payable k. Supplies

On winding up, which debts or amounts must be paid first?Select one:a. Unsecured debts and loansb. Employee wages and entitlementsc. Secured creditors with a floating charge over trading stockd. Secured creditors with a fixed charge over specific property

What does each account fall under financial statement, major classification, and possible account number?

Which of the following is the entry to be recorded by alaw firm when it receives a payment from a new client thatwill be earned when services are provided in the future?a. Debit Accounts Receivable; credit Service Revenue.b. Debit Unearned Revenue; credit Service Revenue.c. Debit Cash; credit Unearned Revenue.d. Debit Unearned Revenue; credit Cash

which expense recognition method is used for paying rent on an office? rational allocation or at time of revenue recognition or immediate recognition

post closing activities include a. signing of the mortgage documents by the seller b. recording and title policy issuance c. creation of the settlement sheet d. title abstruction