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

Author Question: In which of the following types of accounts are decreases recorded by credits? a. liabilities b. ... (Read 49 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
In which of the following types of accounts are decreases recorded by credits?
 a. liabilities
  b. owner's equity
  c. assets
  d. revenues

Question 2

In the service sector, to achieve timely reporting on the profitability of an engagement, a company will use ________.
 
  A) budgeted rates for all direct costs
  B) budgeted rates for indirect costs
  C) actual costing
  D) budgeted rates for some direct costs and indirect costs



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

c

Answer to Question 2

Answer: D




anjilletteb

  • Member
  • Posts: 569
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)


nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

For a complete list of videos, visit our video library