GB 518 RANK Extraordinary Life/gb518rank.com GB 518 RANK Extraordinary Life/gb518rank.com | Page 3

Balance sheet , statement of retained earnings , income statement
Statement of retained earnings , balance sheet , income statement
Income statement , balance sheet , statement of retained earnings
Income statement , statement of retained earnings , balance sheet Question 2 . Question : A 10-column spreadsheet used to draft a company ' s unadjusted trial balance , adjusting entries , adjusted trial balance and financial statements and which is an optional tool in the accounting process is a ( n ):
Adjusted trial balance Work sheet Post-closing trial balance Unadjusted trial balance General ledger
Question 3 . Question : The Retained Earnings account has a credit balance of $ 17,000 before closing entries are made . If total revenues for the period are $ 55,200 , total expenses are $ 39,800 and dividends are $ 9,000 , what is the ending balance in the Retained Earnings account after all closing entries are made ? Question 4 . Question : A company earned $ 2,000 in net income for October . Its net sales for October were $ 10,000 . Its profit margin is :

Balance sheet , statement of retained earnings , income statement

Statement of retained earnings , balance sheet , income statement

Income statement , balance sheet , statement of retained earnings

Income statement , statement of retained earnings , balance sheet Question 2 . Question : A 10-column spreadsheet used to draft a company ' s unadjusted trial balance , adjusting entries , adjusted trial balance and financial statements and which is an optional tool in the accounting process is a ( n ):

Adjusted trial balance Work sheet Post-closing trial balance Unadjusted trial balance General ledger

Question 3 . Question : The Retained Earnings account has a credit balance of $ 17,000 before closing entries are made . If total revenues for the period are $ 55,200 , total expenses are $ 39,800 and dividends are $ 9,000 , what is the ending balance in the Retained Earnings account after all closing entries are made ? Question 4 . Question : A company earned $ 2,000 in net income for October . Its net sales for October were $ 10,000 . Its profit margin is :