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Author Question: Which of the following transactions is recorded in the revenue journal? a. sale of excess office ... (Read 30 times)

tnt_battle

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on: Jul 5, 2018
Which of the following transactions is recorded in the revenue journal?
 a. sale of excess office equipment for cash
  b. rendering services for cash
  c. rendering services on account
  d. sale of excess office equipment on account

Question 2

In which classification of net assets are expenses reported?
 
  a. only in unrestricted net assets
  b. only in temporarily restricted net assets
  c. either in unrestricted or temporarily restricted net assets
  d. either in unrestricted, temporarily restricted, or permanently restricted net assets


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Sweetkitty24130

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Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

a



tnt_battle

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  • Posts: 556
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

jackie

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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