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 31 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
Thanks for the timely response, appreciate it


CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

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

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

For a complete list of videos, visit our video library