Eleven Accounting Definitions
Not what you're looking for?
Define:
0. Merchandise Inventory?net increase
1. Retained Earnings?debit for stock dividends distributed
2. Common Stock?credit for issuance at par for cash
3. Bonds Payable?debit for redemption of bonds
4. Office Supplies?net decrease
5. Accounts Receivable?net decrease
6. Retained Earnings?debit for net loss
7. Accounts Payable?net increase
8. Bonds Payable?credit for issuance for cash
9. Retained Earnings?debit for cash dividends paid
10. Equipment?credit for items sold
11. Accumulated Depreciation?Equipment?debit for fully depreciated items discarded
Purchase this Solution
Solution Summary
The solution defines 11 different accounting terms.
Purchase this Solution
Free BrainMass Quizzes
Operations Management
This quiz tests a student's knowledge about Operations Management
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.