« previous next »

Author Question: Which of the following is an internal source of liquidity? a. Borrowing. b. Sales of stock. c. ... (Read 45 times)

jenna1

  • Hero Member
  • *****
  • Posts: 568
on: Jul 6, 2018
Which of the following is an internal source of liquidity?
 
  a. Borrowing.
  b. Sales of stock.
  c. Gifts and donations.
  d. Sales of products or services.

Question 2

The second step in the closing process is to close the _____________ account(s) into the ___________ account(s).
 a. expense, income summary
   b. income summary, expense
   c. expense, net income
   d. revenue, income summary


Pswine

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jul 6, 2018
Answer to Question 1

d

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

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).

External and internal structures of nails. External and internal structures of nails.
External and internal male genitalia. External and internal male genitalia.
The proportion of men and women with elevated blood pressure or taking hypertension medication incre The proportion of men and women with elevated blood pressure or taking hypertension medication incre
Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc
Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
Internal anatomy of the kidney Internal anatomy of the kidney
Video: Hydrogen bonds vs. Ionic bond

For a complete list of videos, visit our video library