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need answers fast plss 17.Most companies use current assets to pay for A by creating long-term liabilities B by issuing stock C current liabilities D.
need answers fast plss
17.Most companies use current assets to pay for A by creating long-term liabilities B by issuing stock C current liabilities D. by issuing interest-bearing notes payable 22. Working capital is A current assets multiplied by current liabilities B current asset plus current liabilities C current assets divided by current liabilities D. current assets minus current liabilities 23. A contingent liability need only be disclosed in the financial statement notes when the likelihood of he contigency A reasonably possible B Unlikely C Remote D. Probable 24. The total compensation earned by an employee is called A net earnings B.net pay C. gross earnings D take-home pay 25. The amount of income taxes withheld from employees is dependent on each of the following EXCEPT the employees net pay B. number of allowances claimed by the employee C length of the pay period D employees gross earnings 28. Adjusting entries are recorded A in the special journals B. in the general journal conly in the general ledger D only on the worksheet 29. A sales journal is used to record credit sales of merchandise sales returns and allowances, and sales of merchandise for cash B. only credit sales of merchandise conly cash sales of merchandise sales of all assets on credit and for cash A D DEC 1 Step by Step Solution
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