« previous next »

Author Question: A purely manual system of record keeping is one in which all records, journals, and ledgers are ... (Read 99 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Jul 5, 2018
A purely manual system of record keeping is one in which all records, journals, and ledgers are prepared by hand.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

In the allowance method, the adjustment used to write off an uncollectible account ________.
 
  A) decreases net income
  B) has no effect on net income
  C) reduces total assets
  D) decreases liabilities


SVictor

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Venous System Anatomy Venous System Anatomy
A computerized patient registration form used by offices with electronic health records. A computerized patient registration form used by offices with electronic health records.
A medical assistant performs a spirometry test using electronic health record software. A medical assistant performs a spirometry test using electronic health record software.
Anatomy of the urinary system. Anatomy of the urinary system.
The Digestive System The Digestive System
Complete Digestive System: Bird Complete Digestive System: Bird
Video: Febrile Seizure

For a complete list of videos, visit our video library