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

Author Question: If a company has more than one revenue account, the company should a. combine the revenue accounts ... (Read 363 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
If a company has more than one revenue account, the company should
 a. combine the revenue accounts on the Income Statement.
  b. show each revenue account separately on the Income Statement.
  c. prepare two separate Income Statements.
  d. none of the answers listed

Question 2

The adjusting entry to record the accrual of wages would involve a
 a. debit to Wages Expense.
  b. credit to Cash.
  c. debit to Wages Payable.
  d. none of the answers listed



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

helenmarkerine

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

B

Answer to Question 2

A





 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

For a complete list of videos, visit our video library