Examlex

Solved

The Chart of Account for the Corning Company Includes Some

question 187

Multiple Choice

The chart of account for the Corning Company includes some of the following accounts:  Account Name  Account Number  Cash 11 Accounts Receivable 13 Prepaid Insurance 15 Accounts Payable 21 Unamed Revenue 24 Corning, Capital 31 Corning, Drawing 32 Fees Earned 41 Salaries Expense 54 Rent Expense 56\begin{array}{|l|l|}\hline \text { Account Name } & \text { Account Number } \\\hline \text { Cash } & 11 \\\hline \text { Accounts Receivable } & 13 \\\hline \text { Prepaid Insurance } & 15 \\\hline \text { Accounts Payable } & 21 \\\hline \text { Unamed Revenue } & 24 \\\hline \text { Corning, Capital } & 31 \\\hline \text { Corning, Drawing } & 32 \\\hline \text { Fees Earned } & 41 \\\hline \text { Salaries Expense } & 54 \\\hline \text { Rent Expense } & 56 \\\hline & \\\end{array} On the journal page 3, the following transaction was found:
 Prepaid Insuranse 1,530 Cash 1,530\begin{array} { | l | l | l | } \hline \text { Prepaid Insuranse } & 1,530 & \\\hline \text { Cash } & & 1,530 \\\hline & &\end{array} What is the post reference that will be found on the cash account?


Definitions:

Rejecting Mother Model

A theory in developmental psychology that explores the effects of a mother's rejection on a child's emotional development.

Collective Unconscious Theory

Carl Jung's concept that posits the existence of a shared, inherited reservoir of memories from our ancestors.

Social Drift Theory

A theory suggesting that individuals with severe mental illness tend to move downward in social class, contributing to or exacerbating their conditions.

Endophenotype

A measurable component unseen by the unaided eye along the pathway between disease and distal genotype, helping to link genetic mutations to complex behaviors.

Related Questions