DEVRY ACCT 251 Week 6 Quiz.pdf
DEVRY ACCT 251 Week 6 Quiz
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(TCO 1) The balance sheet lists:
: assets, liabilities, and capital of a business.
revenues and expenses of a business.
the percentage of revenue at the end of the year.
the percentage of debt at the end of the year.
Question 2. Question :
(TCO 1) The Income Statement’s net income or (net loss) is also shown on the:
: income statement’s revenue section.
balance sheet’s capital section.
departmental gross profit totals.
cash balance at the end of the period.
general ledger trial balance.
Question 3. Question :
(TCO 1) To use Peachtree’s masking feature, do the following to an account number.
: Add a prefix.
Add a suffix.