Bài Tập Bút Toán Điều Chỉnh

Identify the event that will generate an adjusting entry for prepaid expenses:

• Pay interest in advance for a loan amount for 12 months

• Calculate interest payable for the loan amount during the period

• Pay interest incurred for the loan amount during the period

• Receive money for a 12-month loan, interest paid at the end of the loan period

Which of the following adjusting entries is an entry for allocating expenses?

• Debit Salary Expense/Credit Cash.

• Debit Salary Expense/Credit Salary Payable.

• Debit Depreciation Expense/Credit Accumulated Depreciation.

• Debit Rent Expense/Credit Accounts Payable.

Which transaction generates an adjusting entry for prepaid expenses at the end of the accounting period?

• Pay previous period's salary to employees.

• Prepay rent.

• Receive advance payment for services.

• Purchase materials for immediate use.

Which of the following entries is not an adjusting entry?

• Debit Salary Expense/Credit Cash

• Debit Insurance Expense/Prepaid Insurance

• Debit Depreciation Expense/Credit Accumulated Depreciation

• Debit Rent Expense/Credit Prepaid Rent

Which statement about adjusting entries is incorrect?

• Adjusting entries are made at the end of the accounting period.

• Adjusting entries ensure compliance with revenue and expense recognition principles.

• Adjusting entries are used to correct errors that occur during the accounting period.

• Adjusting entries are classified into allocations and accruals.

Event 'On 1/1/N, Short-term loan | 2 banks 500 million, term 6 months, interest rate 1%/month. Interest and principal paid at the end of the loan period'

The event '1/1/N, Short-term loan | 2 banks 500 million, term 6 months, interest rate 1%/month. Principal and interest paid at the end of the loan period' will generate which adjusting entry?

• Adjusting accrued revenue.

• Adjusting accrued expenses.

• Adjusting prepaid expenses.

• Adjusting unearned revenue.

Identify the adjusting entry for accrued expenses:

• Debit Expense Account/Credit Payable Account

• Debit Receivable Account/Credit Unearned Revenue Account

• Debit Receivable Account/Credit Revenue Account

• Debit Cash/Credit Receivable Account

Identify the adjusting entry for the event '01/06/N, loan 120,000, term 3 months, interest rate 0.5%/month, interest and principal received at the end of the loan period':

• Debit Cash/Credit Interest Receivable

• Debit Interest Receivable/Credit Interest Revenue

• Debit Customer Receivable/Credit Interest Revenue

• Debit Interest Expense/Credit Cash

Identify the adjusting entry for accrued revenue:

• Debit Receivable Account/Credit Unearned Revenue Account

• Debit Receivable Account/Credit Revenue Account

• Debit Expense Account/Credit Payable Account

• Debit Cash/Credit Receivable Account