QUESTION 25 Anchor Company purchased a manufacturing machine with a list price of $ On Board shipping point, and freight costs amounted to $3,400. Anchor pai- theft amounted to $6,200 for the first year of operations. Based on this infor $97,380. $89,180 O $103,580 O $92,580. Click Save and Submit to save and submit. Click Save All answers to save all ansia 300 and received a 2% cash discount on the purchase. The machine was delivered under terms Free 54,800 to have the machine installed and tested. Insurance costs to protect the asset from fire and mation, the amount of cost recorded in the asset account would be: we all answers QUESTION 27 N111 Which of the following reflects the effect of the year-end adjusting entry to record estimated uncollectible accounts expense using the a Balance Sheet Income Statement Statement of Cash Flows Assets Liabilities + Stockholders' Equity Revenue Expense = Net Income A. - n/a n/a - OA B. n/a n/a n/a C. na n/a - D. - nla n/a n/a Option B Option Option A Option D 1 1 1 Click Save and Submit to use and submit. Click Save All Answers to save all answers QUESTION 28 The amount of accounts receivable that is actually expected to be bollected is known as the O present value of accounts receivable uncollectible accounts expense. allowance for doubtful accounts Onet realizable value. QUESTION 29 Click Save and Submit to save and submit. Click Save All Answers to save all answers QUESTION 25 Anchor Company purchased a manufacturing machine with a list price of $ On Board shipping point, and freight costs amounted to $3,400. Anchor pai- theft amounted to $6,200 for the first year of operations. Based on this infor $97,380. $89,180 O $103,580 O $92,580. Click Save and Submit to save and submit. Click Save All answers to save all ansia 300 and received a 2% cash discount on the purchase. The machine was delivered under terms Free 54,800 to have the machine installed and tested. Insurance costs to protect the asset from fire and mation, the amount of cost recorded in the asset account would be: we all answers QUESTION 27 N111 Which of the following reflects the effect of the year-end adjusting entry to record estimated uncollectible accounts expense using the a Balance Sheet Income Statement Statement of Cash Flows Assets Liabilities + Stockholders' Equity Revenue Expense = Net Income A. - n/a n/a - OA B. n/a n/a n/a C. na n/a - D. - nla n/a n/a Option B Option Option A Option D 1 1 1 Click Save and Submit to use and submit. Click Save All Answers to save all answers QUESTION 28 The amount of accounts receivable that is actually expected to be bollected is known as the O present value of accounts receivable uncollectible accounts expense. allowance for doubtful accounts Onet realizable value. QUESTION 29 Click Save and Submit to save and submit. Click Save All Answers to save all answers
