1-4 Objective Demos Flashcards by bibby b | Brainscape

Q

Income Tax Payable

A

Liability

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Interest Receivable

A

Asset

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Sales Revenue

A

Revenue

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Loss on Impairment of Intangible Asset

A

Loss

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Amortization Expense

A

Expense

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Gain on Litigation Settlement

A

Gain

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Cash Dividend Declared

A

Distribution to Owners

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Common Stock Issued for Cash

A

Investment by Owners

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Shareholder’s Equity

A

Equity

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Unrealized Gain/Loss

A

Comprehensive Income

How well did you know this?

1

Not at all

2

3

4

5

Perfectly