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

Author Question: An adjusting entry would adjust revenue so it is reported when earned and not when cash is received. ... (Read 88 times)

lak

  • Hero Member
  • *****
  • Posts: 546
An adjusting entry would adjust revenue so it is reported when earned and not when cash is received.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

How much of invoice cost will be assigned to the Bush Department?
 
  A) 6,400
  B) 8,000
  C) 25,600
  D) 40,000



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maaaaaaaaaa

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

True

Answer to Question 2

Answer: A




lak

  • Member
  • Posts: 546
Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it


ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Excellent

 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

For a complete list of videos, visit our video library