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9. Which of the following groups of accounts will be shown on the balance sheet? a. Sales Revenue, Salary Expense, Accounts receivable b. Accounts receivable, Unearned Revenue, Supplies - GPT ANSWER c. Salary Expense, supplies, Retained Earnings d. Unearned Revenue, Rent expense, Depreciation expense e. Interest expense, depreciation Expense, Salaries payable 10. Decreases in Retained Earnings arise from a. Paying dividends - GPT ANSWER b. Net income c. Contribution from owners d. Purchasing supplies e. Borrowing money 11. What effect do revenue, dividends, and issuing stock (contributions from owners) have on stockholders equity? a. Revenue + increase, Dividends + Decrease, Issuing Stock - no effect b. Revenue + no effect, Dividends - decrease, Issuing stock - Increase - GPT ANSWER c. Revenue - increase, Dividends - increase, issuing stock - increase d. Revenue - increase, dividends - no effect, issuing stock - increase 12. Total assets decreased and stockholders' Equity increases, liabilities will: a. Remain the same b. Increase c. Cannot be determined d. Have a debit balance e. Decrease-GPT ANSWER 13. The proper order for the accounting process is: a. Transaction occurs, posting, transaction analyzed, and joumalizing b. Transaction occur, posting, journalizing and transaction analyzed c. Posting, transaction occurs, transaction analyzed and journallzing d. Transaction occurs, transaction analyzed, journalizing and posting e. Transaction occurs, transaction analyzed, posting and journalizing 14 Select Balance for snow inc is presented below: January 31:300,000,120,000 February 28,450,000,180,000 What is the net income for February

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