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

Author Question: The entry to close revenue would involve a a. debit to capital. b. credit to Income Summary. c. ... (Read 70 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
on: Jul 6, 2018
The entry to close revenue would involve a
 a. debit to capital.
   b. credit to Income Summary.
   c. debit to net income.
   d. credit to revenue.

Question 2

What organization has the authority to register, inspect, and discipline auditors of all publicly owned companies?
 
  a. Public Company Accounting Oversight Board.
  b. SOX.
  c. Congress.
  d. FASB.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jasonq

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 6, 2018
Answer to Question 1

b

Answer to Question 2

b


cabate

  • Hero Member
  • *****
  • Posts: 537
Reply #2 on: Jul 6, 2018
Thank you


jasonq

  • Sr. Member
  • ****
  • Posts: 335
Reply #3 on: Jul 6, 2018
No problemo


« previous next »
 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

For kinship analyses buccal swabs from close family are taken for comparison. For kinship analyses buccal swabs from close family are taken for comparison.
The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population
Summary of major brain structures. Summary of major brain structures.
Summary of Cytokine Activity Summary of Cytokine Activity
Philip wants to supplement his pension by $415 per month with income from his investments. His ... Philip wants to supplement his pension by $415 per month with income from his investments. His ...
Summary of digestion and absorption in the small intestine Summary of digestion and absorption in the small intestine
Video: Status Epilepticus

For a complete list of videos, visit our video library