« previous next »

Author Question: The cash basis of accounting recognizes _____ when cash is received and recognizes ______when cash ... (Read 91 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jul 6, 2018
The cash basis of accounting recognizes _____ when cash is received and recognizes ______when cash is paid.
 
  Fill in the blanks with correct word

Question 2

Because adjusting entries are recorded on a work sheet, they do not need to be journalized or posted.
  Indicate whether the statement is true or false


maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 6, 2018
Answer to Question 1

Revenues, expenses

Answer to Question 2

F


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

The chromosomal basis of independent assortment. The chromosomal basis of independent assortment.
The molecular basis of genetic complementation The molecular basis of genetic complementation
The footnote on a Nutrition Facts label explains the Recommended Daily Values that are the basis of ... The footnote on a Nutrition Facts label explains the Recommended Daily Values that are the basis of ...
Classification of ceramic materials on the basis of application Classification of ceramic materials on the basis of application
Kinetic basis for preferential excision of mismatched nucleotides by a 3’ exonuclease site distant Kinetic basis for preferential excision of mismatched nucleotides by a 3’ exonuclease site distant
question in cost accounting question in cost accounting
Video: Condensation and Hydrolysis Animation

For a complete list of videos, visit our video library