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heyoplshelp heyoplshelp
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Posts: 520
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6 years ago
_____________________________ _ are applied to all IT service activities.
 Fill in the blank(s) with correct word



(Q. 2) How are liabilities classified on the balance sheet?
 
  A) paid and unpaid
  B) current and long-term
  C) current and unfunded
  D) definitely determinable and estimated



(Q. 3) Form W-4 is a(n)
 a. Social Security application form.
   b. Employer's Quarterly Federal Tax Return.
   c. Employee's Withholding Allowance Certificate.
   d. Wage and Tax Statement.



(Q. 4) Shelby's Music reported net income of 35,000 for the year. During the year, it received 125,000 in revenues. Calculate the amount of expenses for the year.
 
  What will be an ideal response?



(Q. 5) When merchandise sold is assumed to be in the order in which the purchases were made, the company is using
 a. first-in, last-out
  b. last-in, first-out
  c. first-in, first-out
  d. average cost



(Q. 6) Which of the following assets will NOT be depreciated?
 
  A) inventory
  B) buildings
  C) equipment
  D) computer
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MelisaericksonMelisaerickson
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Posts: 358
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6 years ago
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heyoplshelp Author
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6 years ago
Thank you Slight Smile
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6 years ago
Pleasure
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