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4. Sales on account that have not yet been collected are accounts _______________.
RECEIVABLE CRILBVEAEE6. The total depreciation since an asset was acquired is ______________ depreciation.
ACCUMULATED UMDCLAEUTAC7. Amounts owed for goods and services received on account are accounts __________.
PAYABLE BPLAYAE8. A corporation's owner's equity is referred to as __________________' equity.
STOCKHOLDERS TELDSOROHSCK9. The cumulative amount of a corporation's earnings less its cumulative dividends is _____________ earnings.
RETAINED IARNETDE10. ________ stock is a corporation's own stock that the corporation purchased but has not retired.
TREASURY RARUETSY11. The company that has paid insurance premiums in advance should report the unexpired cost in the account __________ Insurance.
PREPAID APDPREI12. A small amount of cash available to make small outlays is known as the _________ cash fund.
PETTY EPTYT14. One section of stockholders' equity is paid-in or contributed _________.
CAPITAL CTIPAAL15. The declaration of dividends will reduce the balance in __________ earnings.
RETAINED DANERTIE16. Inventories are often reported at the ________ of cost or net realizable value.
LOWER OWREL17. Cash that is restricted for the construction of a plant asset is reported in the balance sheet section labeled as _________________.
INVESTMENTS VNENESISTTM18. Sometimes an ______________ will require that a plant asset be written down to an amount smaller than its carrying value.
IMPAIRMENT PAIMRTEINM19. Patents, trademarks, and goodwill are examples of ________________ assets.
INTANGIBLE GNBENTIAIL20. The accounts Allowance for Doubtful Accounts and Accumulated Depreciation are known as ________-asset accounts.
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