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 222 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?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

For a complete list of videos, visit our video library