This topic contains a solution. Click here to go to the answer

Author Question: An adjusting entry would adjust revenue so it is reported when earned and not when cash is received. ... (Read 87 times)

lak

  • Hero Member
  • *****
  • Posts: 546
An adjusting entry would adjust revenue so it is reported when earned and not when cash is received.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

How much of invoice cost will be assigned to the Bush Department?
 
  A) 6,400
  B) 8,000
  C) 25,600
  D) 40,000



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maaaaaaaaaa

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

True

Answer to Question 2

Answer: A




lak

  • Member
  • Posts: 546
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)


patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

For a complete list of videos, visit our video library