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# WILEY PLUS ANSWERS ACCOUNTING CHAP 4

Wiley Plus Answers Accounting Chap 4
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CHAPTER 4
4. State the required steps in the accounting cycle. Q4-11 Q4-12 BE4-8 Q4-10 E4-10 4-4 ANSWERS TO QUESTIONS 1. No. A worksheet is not a permanent accounting record. The use of a worksheet is an optional Questions Chapter 4 (Continued) *14. The standard classifications in a balance sheet are:
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(c) Accounting for long-term contracts—percentage-of-completion vs. completed-contract, (d) Estimates of useful lives or salvage values for depreciable assets, (e) Estimates of bad debts,
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