« previous next »

Author Question: A purely manual system of record keeping is one in which all records, journals, and ledgers are ... (Read 94 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Jul 5, 2018
A purely manual system of record keeping is one in which all records, journals, and ledgers are prepared by hand.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

In the allowance method, the adjustment used to write off an uncollectible account ________.
 
  A) decreases net income
  B) has no effect on net income
  C) reduces total assets
  D) decreases liabilities


SVictor

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

The hypothalamic-pituitary portal system. The hypothalamic-pituitary portal system.
The components of the respiratory system with micrographs of the respiratory epithelium and alveoli. ... The components of the respiratory system with micrographs of the respiratory epithelium and alveoli. ...
A typical port fuel-injection system squirts fuel into the low pressure (vacuum) of the intake ... A typical port fuel-injection system squirts fuel into the low pressure (vacuum) of the intake ...
The major structures of the limbic system: amygdala, hippocampus, cingulate cortex, fornix, septum, ... The major structures of the limbic system: amygdala, hippocampus, cingulate cortex, fornix, septum, ...
Keeping It Cool! (2 of 2) Keeping It Cool! (2 of 2)
Solve the system of equations: Solve the system of equations:
Video: Genetics of Cancer

For a complete list of videos, visit our video library