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15. The CEO of a company is promised a significant bonus if net income for 2022 increases compared to 2021 results. Which of the following

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15. The CEO of a company is promised a significant bonus if net income for 2022 increases compared to 2021 results. Which of the following adjustments would aid the CEO in making 2022 results look the most impressive? Allocating more of the cost of machinery to depreciation expense in 2022 than 2021, Prepaying 2023 expenses in 2022 and deferring 2022 revenues to 2023. Deferring 2022 expenses to 2023 and accruing revenues in 2022 that have not yet been earned . Recording expenses in 2022 for revenues that won't be earned until 2023. 16. A company sells a building for $50,000 on the last day of its fiscal year. The building originally cost $200,000, and its accumulated depreciation account had a balance of $110,000 before the current year's depreciation of $15,000 had been recorded. The company should report a A) $25,000 gain on disposal. $40,000 gain on disposal. $40,000 loss on disposal. D) $25,000 loss on disposal. 17. A company disposes of $1 million of its assets. Which of the following could not be true about its effects on the basic accounting equation? A) Assets remain the same, and liabilities and shareholders' equity both decrease by $1 million. B) Assets decrease by $1 million, liabilities decrease by $1 million, and shareholders' equity is unchanged. C) Assets, liabilities, and shareholders' equity all remain the same. by $500,000. D) Assets decrease by $1 million, and liabilities and shareholders' equity both decrease ived earlier from a bank. How

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