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

Author Question: If a company has more than one revenue account, the company should a. combine the revenue accounts ... (Read 219 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
on: Jul 6, 2018
If a company has more than one revenue account, the company should
 a. combine the revenue accounts on the Income Statement.
  b. show each revenue account separately on the Income Statement.
  c. prepare two separate Income Statements.
  d. none of the answers listed

Question 2

The adjusting entry to record the accrual of wages would involve a
 a. debit to Wages Expense.
  b. credit to Cash.
  c. debit to Wages Payable.
  d. none of the answers listed


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

helenmarkerine

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 6, 2018
Answer to Question 1

B

Answer to Question 2

A


LCritchfi

  • Hero Member
  • *****
  • Posts: 519
Reply #2 on: Jul 6, 2018
Thank you


helenmarkerine

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jul 6, 2018
No problemo


« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Meiosis Accounts for the Segregation of Alleles p1 Meiosis Accounts for the Segregation of Alleles p1
Meiosis Accounts for the Segregation of Alleles p2 Meiosis Accounts for the Segregation of Alleles p2
Pairs of heavy and light chains combine to form a Y-shaped molecule Pairs of heavy and light chains combine to form a Y-shaped molecule
Electricity production accounts for 25% of greenhouse gas emissions Electricity production accounts for 25% of greenhouse gas emissions
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 ...
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library