Which of the following is NOT an accounting method that would increase the current ratio (currently 2:1) ?
A) Not adjusting prepaid insurance at year end
B) Recognising unearned revenue as revenue
C) Not recognising accrued wages
D) Changing the method of depreciation
Correct Answer:
Verified
Q7: Which of the following would NOT be
Q8: Which of the following would be decreased
Q9: Which of the following would be increased
Q10: Which of the following is NOT an
Q11: Trainer Ltd is trying to decide whether
Q13: Which of the following is NOT an
Q14: Which of the following would be increased
Q15: Select the balance sheet account(s) that would
Q16: Trainer Ltd is trying to decide whether
Q17: Select the income statement account(s) that would
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