This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Classic Accessories, Inc sold merchandise on account to Hi-View Industries for 2,950 . What is the ... (Read 40 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: Jul 6, 2018
Classic Accessories, Inc sold merchandise on account to Hi-View Industries for 2,950 . What is the journal entry Classic Accessories will use to record this transaction?
 a. Account Receivable, Hi-View DR
  Sales CR
   b. Cash DR
  Sales CR
   c. Sales DR
  Accounts Receivable, Hi-View CR
   d. Sales DR
  Cash CR

Question 2

The availability criterion for governmental fund revenue recognition applies to governmental fund
 
  a. property tax revenues.
  b. charges for services.
  c. intergovernmental revenues.
  d. interest and penalties on taxes.
  e. All of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

polinasid

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 6, 2018
Answer to Question 1

a

Answer to Question 2

E


sc00by25

  • Member
  • Posts: 596
Reply 2 on: Jul 6, 2018
:D TYSM

Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Muscles of the Body, Posterior View Muscles of the Body, Posterior View
Skull Right Lateral View Labeled Skull Right Lateral View Labeled
The major skeletal muscles—anterior superficial view. The major skeletal muscles—anterior superficial view.
Sperry’s classic study of eye rotation and regeneration. Sperry’s classic study of eye rotation and regeneration.
Right lateral view of branches of brachiocephalic trunk in neck and head Right lateral view of branches of brachiocephalic trunk in neck and head
Anterior View of the Spinal Column Showing Anterior and Posterior Longitudinal Ligaments Anterior View of the Spinal Column Showing Anterior and Posterior Longitudinal Ligaments
Video: Heart Chambers

For a complete list of videos, visit our video library