Which principle requires expenses to be recorded in the same period as the revenues they helped generate?

• Historical Cost Principle

• Matching Principle

• Full Disclosure Principle

• Consistency Principle

• Going Concern Assumption

The assumption that separates the affairs of the business from those of its owners is:

• Monetary Unit Assumption

• Economic Entity Assumption

• Going Concern Assumption

• Accrual Assumption

• Conservatism Principle

Transaksi: Pemilik menyetor modal tunai Rp100.000.000. Jurnal yang benar adalah:

• Kas Rp100.000.000 (D); Utang Rp100.000.000 (K)

• Kas Rp100.000.000 (D); Modal Rp100.000.000 (K)

• Modal Rp100.000.000 (D); Kas Rp100.000.000 (K)

• Kas Rp100.000.000 (D); Pendapatan Rp100.000.000 (K)

• Utang Rp100.000.000 (D); Kas Rp100.000.000 (K)

A company purchased office supplies worth $1,200 on credit. What is the correct journal entry?

• Debit Supplies $1,200; Credit Accounts Payable $1,200

• Debit Accounts Payable $1,200; Credit Supplies $1,200

• Debit Supplies Expense $1,200; Credit Cash $1,200

• Debit Accounts Receivable $1,200; Credit Supplies $1,200

• Debit Supplies $1,200; Credit Cash $1,200

Which of the following is NOT a step in the accounting cycle?

• Adjusting entries

• Posting to the ledger

• Preparing trial balance

• Distributing dividends

• Preparing financial statements

PT Konsultan mendapat pendapatan jasa Rp20.000.000 tunai. Bagaimana jurnalnya?

• Kas (D) Rp20.000.000; Utang Dagang (K) Rp20.000.000

• Kas (D) Rp20.000.000; Pendapatan Jasa (K) Rp20.000.000

• Piutang Usaha (D) Rp20.000.000; Pendapatan Jasa (K) Rp20.000.000

• Pendapatan Jasa (D) Rp20.000.000; Kas (K) Rp20.000.000

• Kas (D) Rp20.000.000; Modal (K) Rp20.000.000

The account 'Freight-in' is classified as:

• Operating Expense

• Selling Expense

• Part of Inventory Cost

• Administrative Expense

• Other Expense

A merchandising company sold goods costing $6,000 for $10,000 on credit. What is the journal entry under perpetual system?

• Debit Cash $10,000; Credit Sales $10,000

• Debit Accounts Receivable $10,000; Credit Sales $10,000 | Debit Cost of Goods Sold $6,000; Credit Inventory $6,000

• Debit Sales $10,000; Credit Accounts Receivable $10,000

• Debit Inventory $6,000; Credit Cost of Goods Sold $6,000

• Debit Accounts Payable $6,000; Credit Sales $10,000

Which of the following is NOT included in manufacturing overhead?

• Factory rent

• Indirect labor

• Indirect materials

• Direct materials

• Factory utilities

A company's January costs: Direct Materials: $40,000; Direct Labor: $25,000; Overhead: $15,000. What is Conversion Cost?

• $25,000

• $40,000

• $65,000

• $80,000

• $15,000