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

Author Question: A check drawn by a company for 340 in payment of a liability was recorded in the journal as 430 . ... (Read 100 times)

ts19998

  • Hero Member
  • *****
  • Posts: 531
on: Jul 5, 2018
A check drawn by a company for 340 in payment of a liability was recorded in the journal as 430 . What entry isrequired in the company's accounts?
 a. debit Accounts Payable; credit Cash
  b. debit Cash; credit Accounts Receivable
  c. debit Cash; credit Accounts Payable
  d. debit Accounts Receivable; credit Cash

Question 2

The FASB requires that a company using the indirect method must provide a reconciliation between net income and cash from operating activities.
 
  Indicate whether the statement is true or false

Question 3

With the data replication strategy known as ___________________ ___________ all data changes are data stamped and saved to secondary systems as the changes are happening.
 Fill in the blank(s) with correct word


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yifu223

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

Thank you soo much

Answer to Question 3

continuous data protection (CDP)
continuous data protection
CDP


ts19998

  • Member
  • Posts: 531
Reply 2 on: Jul 5, 2018
Gracias!

tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Example of a voucher check. Example of a voucher check.
Wedge-shaped oil film curved around a bearing journal. Wedge-shaped oil film curved around a bearing journal.
How to choose the right payment plan with changing conditions (Question 1) How to choose the right payment plan with changing conditions (Question 1)
How to choose the right payment plan with changing conditions (Question 2) How to choose the right payment plan with changing conditions (Question 2)
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
What single payment one year from now would be economically equivalent to payments of $1,000 ... What single payment one year from now would be economically equivalent to payments of $1,000 ...
Video: Introduction to Spirometry

For a complete list of videos, visit our video library