Download
1 / 17
170 likes | 274 Views
GAME. 1. The interest charged by the bank of 5% on a 90 day note payable of $10000 is:. 2. Journal entry when a company records a note to borrow funds for the business. 3. Current liability needs to be paid in what time period?. 4.
E N D
1 • The interest charged by the bank of 5% on a 90 day note payable of $10000 is:
2 • Journal entry when a company records a note to borrow funds for the business.
3 • Current liability needs to be paid in what time period?
4 • Current portion of long term debt would be classified as what?
5 • Who pays FUTA and SUTA tax?
6 • Who Pays FICA tax?
7 • A pension plan which requires the employer to promise a certain amount of future pension payments is:
8 • What is the journal entry to record vacation expense?
9 • What is the stock called when a company buys back its own stock?
10 • What is the entry when a company issues its stock above par?
11 • What is the journal entry for dividends on the declaration date?
12 • What is the journal entry for dividends on the date of record?
13 • What is the journal entry when dividends are paid out?
14 • The primary purpose of a stock split?
15 • What are the two components of an extraordinary item?
16 • When should a product warranty liability be recorded?
