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QUESTION 9 Which accounting concept determines the amount that land should be recorded on the balance sheet? Oa. Cost concept O b. Adequate disclosure
QUESTION 9 Which accounting concept determines the amount that land should be recorded on the balance sheet? Oa. Cost concept O b. Adequate disclosure concept Oc. Business entity concept O d. Accounting period concept QUESTION 10 When monthly expenses are recorded on the income statement along with the corresponding revenues for the month, which accountin O a. Cost principle O b. Adequate disclosure Oc. Business entity concept Od. Matching concept QUESTION 11 Which of the following accounts is not an income statement account? O a fee revenue O b.wage expense Oc. retained earningss Od. Interest expense QUESTION 12 Which of the following will increase stockholders' equity? Oa. Expenses > Revenues Ob.Dividends Oc Revenues> Expenses Od. Cash is received from customers on account
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