« previous next »

Author Question: Which of the following is true about the revenue journal? a. Cash revenues and revenues on account ... (Read 51 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
on: Jul 5, 2018
Which of the following is true about the revenue journal?
 a. Cash revenues and revenues on account are recorded in the revenue journal.
  b. Only cash revenues are recorded in the revenue journal.
  c. Only revenues on account are recorded in the revenue journal.
  d. Unearned revenues are also recorded in the revenue journal.

Question 2

Showing the amount and nature of donor-imposed restrictions on the statement of net assets helps financial statement readers to assess a not-for-profit organization's
 
  a. corporate responsibility
  b. budgetary compliance
  c. financial flexibility
  d. liquidity


ricroger

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

A true albino squirrel. Note the pink eyes. A true albino squirrel. Note the pink eyes.
True-color image of layers of haze in Titan's atmosphere. True-color image of layers of haze in Titan's atmosphere.
Which of the following statements is true of linkage? Which of the following statements is true of linkage?
Food vs Cash: Which Is More Effective for Alleviating Hunger? Food vs Cash: Which Is More Effective for Alleviating Hunger?
A company that makes environmental measuring devices has calculated their revenue and costs as ... A company that makes environmental measuring devices has calculated their revenue and costs as ...
A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ... A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ...
Video: Type of Cell Junctions - Desmosome, Hemidesmosomes and Gap Junctions

For a complete list of videos, visit our video library