Basic accounting part 2

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YOUTH ON THE ROCKBASIC ACCOUNTINGTUTORIAL P2Edison S. San JuanJuly 24, 2020PREPARATION OFWORKSHEETBASIC ACCOUNTING TUTORIAL | ESS 2020WORKSHEETBASIC ACCOUNTING TUTORIAL | ESS 2020PRACTICE EXERCISEMULTIPLE CHOICE QUESTIONI N P R E PA R I N G A W O R K S H E E T A N D T H E C O M PA N YH A S A LO S S F O R T H E C U R R E N T P E R I O D , T H ET O TA L O F T H E I N C O M E S TAT E M E N T D E B I TCOLUMN WILL BE:a. larger than the income statement credit columnb. smaller than the income statement credit columnc. larger than the balance sheet debit columnd. larger than the balance sheet credit columnBASIC ACCOUNTING TUTORIAL | ESS 2020MULTIPLE CHOICE QUESTIONI N P R E PA R I N G A W O R K S H E E T A N D T H E C O M PA N YH A S A LO S S F O R T H E C U R R E N T P E R I O D , T H ET O TA L O F T H E I N C O M E S TAT E M E N T D E B I TCOLUMN WILL BE:a. larger than the income statement credit columnb. smaller than the income statement credit columnc. larger than the balance sheet debit columnd. larger than the balance sheet credit columnBASIC ACCOUNTING TUTORIAL | ESS 2020ADJUSTINGENTRIESBASIC ACCOUNTING TUTORIAL | ESS 2020PREPARATION OFFINANCIALSTATEMENTSBASIC ACCOUNTING TUTORIAL | ESS 2020PRACTICE EXERCISEMULTIPLE CHOICE QUESTIONT H E F O L L O W I N G A C C O U N T S W E R E TA K E N F R O M T H E A D J U S T E DTRIAL BALANCE OF THE WORKSHEET:Accumulated Depreciation2,000Prepaid Insurance4,500Depreci … Purchase document to see full attachment

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