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REQ. #1 - JOURNAL ENTRY DROP DOWN OPTIONS: No journal entry required Accumulated depreciation Buildings Cash Common stock Cost of goods sold Deferred rent revenue
REQ. #1 - JOURNAL ENTRY DROP DOWN OPTIONS:
- No journal entry required
- Accumulated depreciation
- Buildings
- Cash
- Common stock
- Cost of goods sold
- Deferred rent revenue
- Depreciation expense
- Dividends
- Equipment
- Income tax expense
- Income tax payable
- Insurance expense
- Interest expense
- Interest payable
- Interest revenue
- Inventory
- Notes payable
- Operating expenses
- Paid-in capital - excess of par
- Patent
- Prepaid insurance
- Rent revenue
- Retained earnings
- Salaries expense
- Salaries payable
- Treasury stock
REQ. #2 - COMPARATIVE INCOME STATEMENT DROP DOWN OPTIONS:
- Cost of goods sold
- Income tax expense
- Interest expense
- Operating expenses
- Revenues
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