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

Author Question: The ____________ requires expenses to be recorded in the same time period as revenue. a. revenue ... (Read 58 times)

vicotolentino

  • Hero Member
  • *****
  • Posts: 552
on: Jul 6, 2018
The ____________ requires expenses to be recorded in the same time period as revenue.
 a. revenue recognition principle
  b. matching principle
  c. accrual principle
  d. none of the answers listed

Question 2

After preparing the work sheet, adjusting entries must be recorded in the __________ and then posted to the ______________.
 a. general journal, general ledger
  b. trial balance, financial statements
  c. general journal, financial statements
  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

guyanai

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jul 6, 2018
Answer to Question 1

B

Answer to Question 2

A


vicotolentino

  • Member
  • Posts: 552
Reply 2 on: Jul 6, 2018
Thanks for the timely response, appreciate it

cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Time Slows Down Near Matter Time Slows Down Near Matter
Telomere length is related to the amount of time adults spend in leisure time activity. Source: Ada Telomere length is related to the amount of time adults spend in leisure time activity. Source: Ada
Under what conditions can part-time employment in high school be a negative influence on school ... Under what conditions can part-time employment in high school be a negative influence on school ...
Time course of HIV infection. Time course of HIV infection.
Embryonic Period Embryonic Period
Video: The Krebs Cycle Animation

For a complete list of videos, visit our video library