« previous next »

Author Question: The following adjusting journal entry found in the journal is missing an explanation. Select the ... (Read 78 times)

Charlie

  • Hero Member
  • *****
  • Posts: 640
on: Jul 5, 2018
The following adjusting journal entry found in the journal is missing an explanation. Select the best explanation for the entry. Wages Expense 4,500 Wages Payable 4,500 ????????????????
 a. Record payment of wages.
  b. Record wages paid last month.
  c. Record wages paid in advance.
  d. Record wages expense incurred and to be paid next month.

Question 2

Which of the following terms best describes the types of assets accounted for in governmental-type funds?
 
  a. any resource that can be used to provide service to the citizenry
  b. financial assets and capital assets
  c. current assets and movable fixed assets
  d. financial assets


Jordin Calloway

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

The skull of a wild boar found at Lan Lo Au, Hoi Ha Wan Marine Park, Hong Kong The skull of a wild boar found at Lan Lo Au, Hoi Ha Wan Marine Park, Hong Kong
A Heliocentric Explanation of Retrograde Motion A Heliocentric Explanation of Retrograde Motion
Common Functional Groups Found in Biomolecules Common Functional Groups Found in Biomolecules
Select the Preliminary Code(s) Select the Preliminary Code(s)
The Emergency Action Guide entry for styrene. Useful information includes emergency response ... The Emergency Action Guide entry for styrene. Useful information includes emergency response ...
Regulation of Bacteriophage Entry into the Lytic or Lysogenic Cycle Regulation of Bacteriophage Entry into the Lytic or Lysogenic Cycle
Video: Complement Proteins Animation

For a complete list of videos, visit our video library