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

Author Question: The seller records the sales tax as part of the sales amount. a. True b. False Indicate ... (Read 65 times)

misspop

  • Hero Member
  • *****
  • Posts: 540
The seller records the sales tax as part of the sales amount.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

U.S. generally accepted accounting principles (GAAP) are determined by the ________.
 
  A) IFRS
  B) IASB
  C) FASB
  D) U.S. Congress



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mmpiza

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

False

Answer to Question 2

C




misspop

  • Member
  • Posts: 540
Reply 2 on: Jul 5, 2018
Gracias!


lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

For a complete list of videos, visit our video library