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

Author Question: Which of the following transactions is recorded in the revenue journal? a. sale of excess office ... (Read 17 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
Which of the following transactions is recorded in the revenue journal?
 a. sale of excess office equipment for cash
  b. rendering services for cash
  c. rendering services on account
  d. sale of excess office equipment on account

Question 2

In which classification of net assets are expenses reported?
 
  a. only in unrestricted net assets
  b. only in temporarily restricted net assets
  c. either in unrestricted or temporarily restricted net assets
  d. either in unrestricted, temporarily restricted, or permanently restricted net assets



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sweetkitty24130

  • Sr. Member
  • ****
  • Posts: 291
Answer to Question 1

c

Answer to Question 2

a





tnt_battle

  • Member
  • Posts: 556
Reply 2 on: Jul 5, 2018
Wow, this really help


kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

For a complete list of videos, visit our video library