This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A contra-revenue account to record returned goods is: a. Freight-In b. Purchases Returns and ... (Read 117 times)

jrubin

  • Hero Member
  • *****
  • Posts: 552
on: Jul 6, 2018
A contra-revenue account to record returned goods is:
 a. Freight-In
   b. Purchases Returns and Allowances
   c. Sales Returns and Allowances
   d. Sales Discounts

Question 2

State reimbursement to schools for a portion of special education costs incurred is an example of which category of nonexchange transactions?
 
  a. Derived tax revenue
  b. Imposed tax revenue
  c. Government mandated nonexchange revenue
  d. Voluntary nonexchange revenue


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meow1234

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 6, 2018
Answer to Question 1

c

Answer to Question 2

D


jrubin

  • Member
  • Posts: 552
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Excellent

« previous next »
 

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.

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?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Enzymatic features of DNA polymerase that account for its inability to copy one of the DNA strands a Enzymatic features of DNA polymerase that account for its inability to copy one of the DNA strands a
Model of a longitudinal study in which 983 students were surveyed in 1984 and then again in 1985, 19 Model of a longitudinal study in which 983 students were surveyed in 1984 and then again in 1985, 19
Wind, solar, biomass, and geothermal power account for less than 1% of global power generation Wind, solar, biomass, and geothermal power account for less than 1% of global power generation
A police record search of 250 incoming Grade 10 at a Secondary School shows that 26 had been ... A police record search of 250 incoming Grade 10 at a Secondary School shows that 26 had been ...
A company that makes environmental measuring devices has calculated their revenue and costs as ... A company that makes environmental measuring devices has calculated their revenue and costs as ...
Video: Primary Active Transport - electrochemical gradient and ion transport / water movement

For a complete list of videos, visit our video library