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) 5280000 C) 5260,000 D) $240.000 2) likely viea A) The fair value measurement approach The present value measurement approach C) The stable monetary unit D) The going coneern a 3 Which of the following accounts has a balance whereby debits normally exceed credit? 1 B) Accrued taxes C) Accumulated depreciation D) Advertising expense. among the external users for whom imancial 4) Which of the following groups is not statements are prepare d? OXa D) Fustomers, suppliers, and employees are all external users of financial statements. 5) The Hamada Company sales for 2018 totaled $150.000 and purchases totaled S95.000. Selected January 1, 2018, balances were: accounts receivable, S18,000, inventory. $14,000, and accounts payable, $12.000. December 31, 2018, balances were: accounts receivable. $16.000 inventory, $15,000: and accounts payable, $13,000. Net cash flows from these activities were OFF A) $45,000. B) $55,000. C) $58,000 D) S74,000. 2 of 11 ) 5280000 C) 5260,000 D) $240.000 2) likely viea A) The fair value measurement approach The present value measurement approach C) The stable monetary unit D) The going coneern a 3 Which of the following accounts has a balance whereby debits normally exceed credit? 1 B) Accrued taxes C) Accumulated depreciation D) Advertising expense. among the external users for whom imancial 4) Which of the following groups is not statements are prepare d? OXa D) Fustomers, suppliers, and employees are all external users of financial statements. 5) The Hamada Company sales for 2018 totaled $150.000 and purchases totaled S95.000. Selected January 1, 2018, balances were: accounts receivable, S18,000, inventory. $14,000, and accounts payable, $12.000. December 31, 2018, balances were: accounts receivable. $16.000 inventory, $15,000: and accounts payable, $13,000. Net cash flows from these activities were OFF A) $45,000. B) $55,000. C) $58,000 D) S74,000. 2 of 11