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

Author Question: ________ is an accounting method in which revenue is recorded when payment is received and an ... (Read 36 times)

Mscarter

  • Full Member
  • ***
  • Posts: 159

Question 1

________ is an accounting method in which revenue is recorded when a sale is made, and an expense is recorded when the company uses an asset to produce revenue.
◦ Accrual basis
◦ Cash basis
◦ Profit basis
◦ Depreciation
◦ Deferral basis

Question 2

________ is an accounting method in which revenue is recorded when payment is received and an expense is recorded when money is paid.
◦ Accrual basis
◦ Profit basis
◦ Cash basis
◦ Depreciation
◦ Deferral basis


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Mscarter on May 9, 2022

GoldenBrown

  • Full Member
  • ***
  • Posts: 166
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 28% of students answer this correctly




Mscarter

  • Member
  • Posts: 159
Reply 2 on: May 9, 2022
Great answer, keep it coming :)


TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Your heart beats over 36 million times a year.

For a complete list of videos, visit our video library