Question
A company fails to accrue wages for March that will be
paid in April. The company’s year-end balance sheet liabilities:Solution
Accrued expenses are incurred but not yet paid or recorded. It should have been included in the liabilities side of the balance sheet in the accrued month and as outstanding expenses in profit and loss statement. Without this entry, net income and owners’ equity are overstated, while liabilities are understated.
The difference between people with access to computers and the Internet and those without this access is known as the:
Which of the following is not true about RAM?
Consider the following statement about MATCH() function of MS-Excel 2010:
P: It searches for a specified item in a range of cells, and then retur...
Software in computer is:
What is the base of the Hexadecimal number system? Â
HTML is basically used to design:
A GUID is a 128-bit (16 byte) number used by software programs to uniquely identify the location of a data object. What is its full form?
Which of the following is not a primary function of an operating system?
Which of the following is known as the brain of a computer?
Information, a combination of graphics, text, sound, video and animation is called: