PX 2030 x ww A x entley.edu/webappement/aunchp?coursement 246561.course_jd 20755 18 contentado 1366653.18 wordt Remaining Time: 1 hour, 16 minutes, 17 seconds Question Completion Status QUESTION 4 On Apr 1, current year, Howard Company received and deposited $10,000 from a client for consulting work to be performed during the months of April through July. The company failed to make a journal entry at its fiscal year end of June 30, current year. As a result a Retained earnings was overstated Assets were overstated Oc Liabilities were understated Od Net income was understated QUESTION 5 Which of the following account is used to initially record a deferral a: Supplies expense b. Interest revenue Oc Supplies d. Interest payable QUESTION Which of the following does not correctly describe an adjusting journal entry that debits depreciation expense and credits accumulated depreciation? The entry increases expenses and decreases retained earnings Chick and submit to see and submit Click Save All Amers to save all answers. Blanco 3 4 5 6 7 8 9 QUESTION 32 Match each account name below with the appropriate type of account. Allowance for Doubtful Accounts Sales Returns and Allowances Unearned Revenue Accumulated Depreciation A. Contra-Asset Credit Sales Revenue B. Contra-Revenue C. Liability D. Revenue V Credit Card Fees Cash Sales Revenue E. Expense Services revenue Sales Discounts Bad debt expense Click Save and Submit to save and submit. Click Save All Answers to save all answers