The concept that requires that accountants record Time period umption cognition for revenue Biching active Casting that accountants record on the 6) The concept that requires that counters accrue Wage expense of the end of period for unpaid wages is the a Cost principle b. Time period assumption ecognition criteria for revenue ching objective 9) Customers individual continguded in a subsidiary ledger Accounts Receivable account in the Rounts payable lediger. accounts receivable lediger G controlling ledger general ledger None of the above are correct said to be controlled by the 10) Cost of goods sold plus ending inventory equals: a net purchases b. cost of goods available for sale. C Credit to accounts payable d. gross margin e gross profit. 11) Which of the following is not one of the purposes of internal control? a. to encourage employees to follow company policy b. to safeguard the company's assets c to guarantee that a business makes a profit d. to ensure accurate, reliable accounting records a. 12) Amounts are posted individually from the purchases journal to the cash account in the general ledger b. inventory account in the general ledger c. accounts payable account in the general ledger d. accounts payable subsidiary ledger. e none of the above are correct all 2018