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Odd-man Out.

Choose the letter that does not belong to the group.

Select one:

a. Debt ratio

b. Interest coverage ratio

c. Time-interest earned

d. Return on equity

Odd-man Out.

Choose the letter that does not belong to the group.

Select one:

a. Merchandise inventory

b. Accounts Receivable

c. Cash

d. Marketable securities

The following are real accounts except

Select one:

a. Accrued Interest Expense

b. Accrued Interest Income

c. Laundry Income

d. Accounts Receivable

Odd-man Out.

Choose the letter that does not belong to the group.

Select one:

a. Collection of Receivables

b. Sale of plant assets

c. Receipts of dividends

d. Cash Sales

Odd-man Out.

Choose the letter that does not belong to the group.

Select one:

a. Balance sheet

b. T-Accounts

c. Worksheet

d. Trial Balance

Odd-man Out.

Choose the letter that does not belong to the group.

Select one:

a. Fluctuating fund method

b. Petty cash fund

c. Adjusted balance method

d. Imprest system

Odd-man Out.

Choose the letter that does not belong to the group.

Select one:

a. Purchases

b. Freight-out

c. Merchandise Inventory, ending

d. Merchandise Inventory, beginning

Which of the following is correct?

Select one:

a. A +E +D = L +C

b. A = E

c. All of the above

d. A = L +C

Odd-man Out. Choose the letter that does not belong to the group.

Select one:

a. Accounts Payable

b. Mortgage Payable

c. Notes Payable

d. Accrued Salaries Expense

Odd-man Out.

Choose the letter that does not belong to the group.

Select one:

a. Purchase of treasury shares

b. Payment to suppliers

c. Payment of principal amount of loan

d. Payment of dividends

Odd-man Out.

Choose the letter that does not belong to the group.

Select one:

a. Return on equity

b. Price/earnings ratio

c. Return on assets

d. Return on sales

The normal balance of which are on the debit side except

Select one:

a. Drawing

b. Accrued Salaries Expense

c. Prepaid Expense

d. Rent Expense

All are nominal accounts except;

Select one:

a. Prepaid Insurance Expense

b. Service Income

c. Rent Expense

d. Sales

Odd-man Out.

Choose the letter that does not belong to the group.

Select one:

a. Accrued Interest Income

b. Service Income

c. Miscellaneous Income

d. Sales