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Rent, depreciation, and salaries are examples of: (Points : 3) Current assets. Current liabilities. Owners' equity. Operating expenses.
Operating expenses.
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User: The three important financial statements prepared by accountants are: (Points : 3) Ledger, journal, and trial balance. Cash budget, capital budget, and master budget. Revenue summary, expense summary, and consolidation statement. Balance sheet, income statement, and statement of cash flows.

User: . Net Profit refers to: (Points : 3) The result of deducting liabilities from the assets of the firm. The result of subtracting cost of goods sold from revenues. The result of deducting depreciation expense from revenues. The net earnings after the deduction of all expenses, including tax expense.

User: Rent, depreciation, and salaries are examples of: (Points : 3) Current assets. Current liabilities. Owners' equity. Operating expenses.

Weegy: Operating expenses.
mythmoh|Points 4829|

User: The LIFO method of inventory valuation bases the cost of goods sold on the cost of: (Points : 3) Merchandise that has been held in inventory for the longest period of time. Most recent merchandise purchased by the firm. Actual units customers purchased. Merchandise the firm acquired at the lowest cost



Weegy: Most recent merchandise purchased by the firm.
Expert answered|rickjames|Points 540|

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Asked 5/28/2012 1:01:11 PM
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If a singular noun ending in -s is to be made possessive and adding an apostrophe and an -s would make the resulting word difficult to pronounce, the writer: (Points : 2) may simply add an apostrophe. must rewrite the sentence to avoid the difficulty. must use the apostrophe and the -s regardless of the resultant pronunciation difficulty. must use the preposition of in an alternative technique for forming possessives. User: In order to tell if contractions are ...
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In modern usage, using the apostrophe is not generally discouraged in: (Points : 2) forming the plurals of words used as words (ifs instead of if's) indicating the plurals of abbreviations (CDs instead of CD's). forming the plurals of decades (90s instead of 90's). abbreviating a specific year (Spirit of 76 instead of '76).
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Asked 5/26/2012 12:39:25 AM
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. The fundamental accounting equation is as follows: Assets = Liabilities + Owners' equity. (Points : 2) True False User: A financial manager makes recommendations to top executives regarding strategies for improving the financial strength of a firm. (Points : 2) True False
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