Author Question: Which of the following pairs of accounts could not appear in the same adjusting entry? a. Service ... (Read 59 times)

OSWALD

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Which of the following pairs of accounts could not appear in the same adjusting entry?
 a. Service Revenue and Unearned Revenue
  b. Interest Income and Interest Expense
  c. Rent Expense and Prepaid Rent
  d. Salaries Payable and Salaries Expense

Question 2

In a(n) ____ system, use of data entry devices allows business event data to be entered directly into the information system at the time and place the business event occurs
 a. online transaction entry (OLTE)
  b. online transaction data (OLTD)
  c. Periodic
  d. electronic document management (EDM)



diesoon

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Answer to Question 1

b

Answer to Question 2

A



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