« previous next »

Author Question: Which of the following is true about the revenue journal? a. Cash revenues and revenues on account ... (Read 66 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?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Apparent and True Orbits of Alpha Centauri. Apparent and True Orbits of Alpha Centauri.
true story true story
True Forget-Me-Not True Forget-Me-Not
Effects of Therapy for Stuttering A functional MRI scan shows regions of the superior temporal lobe Effects of Therapy for Stuttering A functional MRI scan shows regions of the superior temporal lobe
That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by
Midsagittal section indicating locations of true and false pelves Midsagittal section indicating locations of true and false pelves
Video: Isovolumetric VC, Ventricular ejection, Isovolumetric & Passive ventricular filling

For a complete list of videos, visit our video library